Baring Global is unknown risk given 2 months investment horizon. Baring Global Resources secures Sharpe Ratio (or Efficiency) of 0.5774 which signifies that the fund had 0.5774% of return per unit of risk over the last 2 months. Our philosophy towards foreseeing volatility of a fund is to use Baring Global Resources market data together with company specific technical indicators. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 4.4674% are justified by taking the suggested risk. Use Baring Global Mean Deviation of 2.03 and Risk Adjusted Performance of
(0.46) to evaluate company specific risk that cannot be diversified away.
|Horizon||30 Days Login to change|
Baring Global Market Sensitivity
|As returns on market increase, returns on owning Baring Global are expected to decrease at a much smaller rate. During bear market, Baring Global is likely to outperform the market. 2 Months Beta |Analyze Baring Global Resources Demand TrendCheck current 30 days Baring Global correlation with market (DOW)|
β = -0.0952
Baring Global Central Daily Price Deviation
Baring Global Resources Technical Analysis
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Baring Global Projected Return Density Against MarketAssuming 30 trading days horizon, Baring Global Resources A GBP has beta of -0.0952 . This indicates as returns on benchmark increase, returns on holding Baring Global are expected to decrease at a much smaller rate. During bear market, however, Baring Global Resources A GBP is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Baring Global Resources is significantly underperforming DOW.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Baring Global is 173.21. The daily returns are destributed with a variance of 59.87 and standard deviation of 7.74. The mean deviation of Baring Global Resources A GBP is currently at 5.96. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
|Alpha over DOW||=||0.83|
|Beta against DOW||=||0.1|
Baring Global Return Volatilitythe fund accepts 7.7377% volatility on return distribution over the 30 days horizon. the entity inherits 1.9131% risk (volatility on return distribution) over the 30 days horizon.
Baring Global Resources A GBP has a volatility of 7.74 and is 4.05 times more volatile than DOW. 70% of all equities and portfolios are less risky than Baring Global. Compared to the overall equity markets, volatility of historical daily returns of Baring Global Resources A GBP is higher than 70 (%) of all global equities and portfolios over the last 30 days. Use Baring Global Resources A GBP to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of Baring Global to be traded at p;1573.0 in 30 days. . As returns on market increase, returns on owning Baring Global are expected to decrease at a much smaller rate. During bear market, Baring Global is likely to outperform the market.
Baring Global correlation with market