Our philosophy towards 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 technical indicators for Nedgroup Inv which you can use to evaluate future volatility of the organization. Please verify Nedgroup Inv MultiFunds Balanced C USD Mean Deviation of 0.151, Coefficient Of Variation of 453.33 and Risk Adjusted Performance of 0.1325 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|
Nedgroup Inv Market Sensitivity
|As returns on market increase, returns on owning Nedgroup Inv are expected to decrease at a much smaller rate. During bear market, Nedgroup Inv is likely to outperform the market. 2 Months Beta |Analyze Nedgroup Inv MultiFunds Demand TrendCheck current 30 days Nedgroup Inv correlation with market (DOW)|
β = -0.0695
Nedgroup Inv Central Daily Price Deviation
Nedgroup Inv MultiFunds Technical Analysis
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Nedgroup Inv Projected Return Density Against MarketAssuming 30 trading days horizon, Nedgroup Inv MultiFunds Balanced C USD has beta of -0.0695 . This indicates as returns on benchmark increase, returns on holding Nedgroup Inv are expected to decrease at a much smaller rate. During bear market, however, Nedgroup Inv MultiFunds Balanced C USD is likely to outperform the market. Moreover, The company has an alpha of 0.0383 implying that it can potentially generate 0.0383% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.0383|
|Beta against DOW||=||0.07|
Nedgroup Inv Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6902% risk (volatility on return distribution) over the 30 days horizon.
Nedgroup Inv Investment Opportunity
DOW has a standard deviation of returns of 0.69 and is 9.223372036854776E16 times more volatile than Nedgroup Inv MultiFunds Balanced C USD. 0% of all equities and portfolios are less risky than Nedgroup Inv. Compared to the overall equity markets, volatility of historical daily returns of Nedgroup Inv MultiFunds Balanced C USD is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Nedgroup Inv MultiFunds Balanced C USD to protect your portfolios against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Nedgroup Inv to be traded at $10.11 in 30 days. . As returns on market increase, returns on owning Nedgroup Inv are expected to decrease at a much smaller rate. During bear market, Nedgroup Inv is likely to outperform the market.
Nedgroup Inv correlation with market
Nedgroup Inv Current Risk Indicators
|Risk Adjusted Performance||0.1325|
|Market Risk Adjusted Performance||(0.54)|
|Coefficient Of Variation||453.33|
Nedgroup Inv Suggested Diversification Pairs