Macroaxis considers Kames Global to be unknown risk. Kames Global Equity has Sharpe Ratio of -0.0147 which conveys that Kames Global Equity had -0.0147% of return per unit of risk over the last 2 months. Macroaxis philosophy towards estimating risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Kames Global exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Kames Global Equity Income A USD Acc to check out risk estimate we provide.
|Horizon||30 Days Login to change|
Kames Global Equity Technical Analysis
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Kames Global Projected Return Density Against MarketAssuming 30 trading days horizon, Kames Global has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Kames Global are completely uncorrelated. Furthermore, Kames Global Equity Income A USD AccIt does not look like Kames Global alpha can have any bearing on the equity current valuation.
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Kames Global is -6804.55. The daily returns are destributed with a variance of 4.64 and standard deviation of 2.16. The mean deviation of Kames Global Equity Income A USD Acc is currently at 1.26. For similar time horizon, the selected benchmark (DOW) has volatility of 1.27
|Alpha over DOW||=||0.00|
|Beta against DOW||=||0.00|
Kames Global Return VolatilityKames Global Equity Income A USD Acc accepts 2.1551% volatility on return distribution over the 30 days horizon. DOW inherits 1.282% risk (volatility on return distribution) over the 30 days horizon.
Kames Global Equity Income A USD Acc has a volatility of 2.16 and is 1.69 times more volatile than DOW. 19% of all equities and portfolios are less risky than Kames Global. Compared to the overall equity markets, volatility of historical daily returns of Kames Global Equity Income A USD Acc is lower than 19 (%) of all global equities and portfolios over the last 30 days.