Our way of 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 MGI Global which you can use to evaluate future volatility of the organization. Please verify MGI Global Equity M 2 Hdg Mean Deviation of 0.1554 and Risk Adjusted Performance of
(0.039367) to check out 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|
MGI Global Market Sensitivity
|As returns on market increase, returns on owning MGI Global are expected to decrease at a much smaller rate. During bear market, MGI Global is likely to outperform the market. 2 Months Beta |Analyze MGI Global Equity Demand TrendCheck current 30 days MGI Global correlation with market (DOW)|
β = -0.0934
MGI Global Central Daily Price Deviation
MGI Global Equity 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.
MGI Global Projected Return Density Against MarketAssuming 30 trading days horizon, MGI Global Equity M 2 Hdg has beta of -0.0934 . This indicates as returns on benchmark increase, returns on holding MGI Global are expected to decrease at a much smaller rate. During bear market, however, MGI Global Equity M 2 Hdg 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. MGI Global Equity is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.04|
|Beta against DOW||=||0.09|
MGI Global Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6636% risk (volatility on return distribution) over the 30 days horizon.
MGI Global Investment Opportunity
DOW has a standard deviation of returns of 0.66 and is 9.223372036854776E16 times more volatile than MGI Global Equity M 2 Hdg. 0% of all equities and portfolios are less risky than MGI Global. Compared to the overall equity markets, volatility of historical daily returns of MGI Global Equity M 2 Hdg is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use MGI Global Equity M 2 Hdg to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of MGI Global to be traded at p;17109.12 in 30 days. . As returns on market increase, returns on owning MGI Global are expected to decrease at a much smaller rate. During bear market, MGI Global is likely to outperform the market.
MGI Global correlation with market
MGI Global Current Risk Indicators
|Risk Adjusted Performance||(0.039367)|
|Market Risk Adjusted Performance||0.3863|
|Coefficient Of Variation||(1,873)|
MGI Global Suggested Diversification Pairs
|Facebook vs. MGI Global|
|Alphabet vs. MGI Global|
|3M vs. MGI Global|
|Visa vs. MGI Global|
|Sprint vs. MGI Global|
|VMware vs. MGI Global|
|Salesforce vs. MGI Global|
|Alibaba Group vs. MGI Global|
|Microsoft vs. MGI Global|