Our philosophy towards estimating volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Mediolanum which you can use to evaluate future volatility of the organization. Please verify Mediolanum BB JPMorgan Glbl Sel S A Mean Deviation of 0.4301 and Risk Adjusted Performance of
(0.046143) to check out if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
Mediolanum Market Sensitivity
|As returns on market increase, returns on owning Mediolanum are expected to decrease at a much smaller rate. During bear market, Mediolanum is likely to outperform the market.2 Months Beta |Analyze Mediolanum BB JPMorgan Demand TrendCheck current 30 days Mediolanum correlation with market (DOW)|
β = -0.0114
Mediolanum Central Daily Price Deviation
Mediolanum BB JPMorgan Technical Analysis
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Mediolanum Projected Return Density Against MarketAssuming 30 trading days horizon, Mediolanum BB JPMorgan Glbl Sel S A has beta of -0.0114 . This indicates as returns on benchmark increase, returns on holding Mediolanum are expected to decrease at a much smaller rate. During bear market, however, Mediolanum BB JPMorgan Glbl Sel S A is likely to outperform the market. Additionally, Mediolanum BB JPMorgan Glbl Sel S A has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
|Alpha over DOW||=||0.03|
|Beta against DOW||=||0.01|
Mediolanum Return VolatilityMediolanum BB JPMorgan Glbl Sel S A accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3471% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.35 and is 9.223372036854776E16 times more volatile than Mediolanum BB JPMorgan Glbl Sel S A. 0% of all equities and portfolios are less risky than Mediolanum. Compared to the overall equity markets, volatility of historical daily returns of Mediolanum BB JPMorgan Glbl Sel S A is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Mediolanum BB JPMorgan Glbl Sel S A to protect against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Mediolanum to be traded at 14.98 in 30 days. As returns on market increase, returns on owning Mediolanum are expected to decrease at a much smaller rate. During bear market, Mediolanum is likely to outperform the market.
Mediolanum correlation with market