Our philosophy towards forecasting 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 Polar Capital Japan which you can use to evaluate future volatility of the fund. Please check Polar Capital Japan Risk Adjusted Performance of 0.028 and Coefficient Of Variation of 3849.5 to confirm 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|
Polar Capital Market Sensitivity
|As returns on market increase, returns on owning Polar Capital are expected to decrease at a much smaller rate. During bear market, Polar Capital is likely to outperform the market. 2 Months Beta |Analyze Polar Capital Japan Demand TrendCheck current 30 days Polar Capital correlation with market (DOW)|
β = -0.7077
Polar Capital Central Daily Price Deviation
Polar Capital Japan Technical Analysis
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Polar Capital Projected Return Density Against MarketAssuming 30 trading days horizon, Polar Capital Japan Alpha C GBP has beta of -0.7077 . This indicates as returns on benchmark increase, returns on holding Polar Capital are expected to decrease at a much smaller rate. During bear market, however, Polar Capital Japan Alpha C GBP is likely to outperform the market. Moreover, The company has an alpha of 0.0709 implying that it can potentially generate 0.0709% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.71|
Polar Capital Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.8135% risk (volatility on return distribution) over the 30 days horizon.
Polar Capital Investment Opportunity
DOW has a standard deviation of returns of 0.81 and is 9.223372036854776E16 times more volatile than Polar Capital Japan Alpha C GBP. 0% of all equities and portfolios are less risky than Polar Capital. Compared to the overall equity markets, volatility of historical daily returns of Polar Capital Japan Alpha C GBP is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Polar Capital Japan Alpha C GBP to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Polar Capital to be traded at p;195.03 in 30 days. . As returns on market increase, returns on owning Polar Capital are expected to decrease at a much smaller rate. During bear market, Polar Capital is likely to outperform the market.
Polar Capital correlation with market
Polar Capital Current Risk Indicators
|Risk Adjusted Performance||0.028|
|Market Risk Adjusted Performance||(0.09)|
|Coefficient Of Variation||3849.5|
Polar Capital Suggested Diversification Pairs
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