Our philosophy towards foreseeing 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 Comgest Growth Emerging Mkts I USD Acc which you can use to evaluate future volatility of the entity. Please confirm Comgest Growth Emerging Mean Deviation of 1.36 and Risk Adjusted Performance of
(0.06) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
|Horizon||30 Days Login to change|
Comgest Growth Market Sensitivity
|As returns on market increase, Comgest Growth returns are expected to increase less than the market. However during bear market, the loss on holding Comgest Growth will be expected to be smaller as well. 2 Months Beta |Analyze Comgest Growth Emerging Demand TrendCheck current 30 days Comgest Growth correlation with market (DOW)|
β = 0.1784
Comgest Growth Central Daily Price Deviation
Comgest Growth Emerging Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Comgest Growth Projected Return Density Against MarketAssuming 30 trading days horizon, Comgest Growth has beta of 0.1784 . This indicates as returns on market go up, Comgest Growth average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Comgest Growth Emerging Mkts I USD Acc will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Comgest Growth Emerging is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.33|
|Beta against DOW||=||0.18|
Comgest Growth Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.5827% risk (volatility on return distribution) over the 30 days horizon.
Comgest Growth Investment Opportunity
DOW has a standard deviation of returns of 0.58 and is 9.223372036854776E16 times more volatile than Comgest Growth Emerging Mkts I USD Acc. 0% of all equities and portfolios are less risky than Comgest Growth. Compared to the overall equity markets, volatility of historical daily returns of Comgest Growth Emerging Mkts I USD Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Comgest Growth Emerging Mkts I USD Acc to protect your portfolios against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Comgest Growth to be traded at $35.35 in 30 days. . As returns on market increase, Comgest Growth returns are expected to increase less than the market. However during bear market, the loss on holding Comgest Growth will be expected to be smaller as well.
Comgest Growth correlation with market
Comgest Growth Current Risk Indicators
|Risk Adjusted Performance||(0.06)|
|Market Risk Adjusted Performance||(1.78)|
|Coefficient Of Variation||(999.29)|
Comgest Growth Suggested Diversification Pairs