Macroaxis considers Trojanome Feeder to be unknown risk. Trojan Income Feeder owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.5774 which indicates Trojan Income Feeder had -0.5774% of return per unit of risk over the last 2 months. Macroaxis philosophy towards measuring 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. Trojanome Feeder O EUR exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Trojanome Feeder Semi Deviation of 1.16, Coefficient Of Variation of 3606.95 and Risk Adjusted Performance of 0.0396 to confirm risk estimate we provide.
|Horizon||30 Days Login to change|
Trojanome Feeder Market Sensitivity
|As returns on market increase, returns on owning Trojanome Feeder are expected to decrease at a much smaller rate. During bear market, Trojanome Feeder is likely to outperform the market.2 Months Beta |Analyze Trojan Income Feeder Demand TrendCheck current 30 days Trojanome Feeder correlation with market (DOW)|
β = -0.0835
Trojanome Feeder Central Daily Price Deviation
Trojan Income Feeder Technical Analysis
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Trojanome Feeder Projected Return Density Against MarketAssuming 30 trading days horizon, Trojanome Feeder O EUR has beta of -0.0835 . This indicates as returns on benchmark increase, returns on holding Trojanome Feeder are expected to decrease at a much smaller rate. During bear market, however, Trojanome Feeder O EUR is likely to outperform the market. Moreover, Trojanome Feeder O EUR has an alpha of 0.05 implying that it can potentially generate 0.05% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Trojanome Feeder is -173.21. The daily returns are destributed with a variance of 2.31 and standard deviation of 1.52. The mean deviation of Trojanome Feeder O EUR is currently at 1.17. For similar time horizon, the selected benchmark (DOW) has volatility of 1.27
|Alpha over DOW||=||0.05|
|Beta against DOW||=||0.08|
Trojanome Feeder Return VolatilityTrojanome Feeder O EUR accepts 1.5194% volatility on return distribution over the 30 days horizon. DOW inherits 1.282% risk (volatility on return distribution) over the 30 days horizon.
Trojanome Feeder O EUR has a volatility of 1.52 and is 1.19 times more volatile than DOW. 13% of all equities and portfolios are less risky than Trojanome Feeder. Compared to the overall equity markets, volatility of historical daily returns of Trojanome Feeder O EUR is lower than 13 (%) of all global equities and portfolios over the last 30 days. Use Trojanome Feeder O EUR to protect 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 Trojanome Feeder to be traded at 1.0989 in 30 days. As returns on market increase, returns on owning Trojanome Feeder are expected to decrease at a much smaller rate. During bear market, Trojanome Feeder is likely to outperform the market.
Trojanome Feeder correlation with market