We consider Russell Global unknown risk. Russell Global Bond maintains Sharpe Ratio (i.e. Efficiency) of 0.5774 which implies Russell Global Bond had 0.5774% of return per unit of risk over the last 2 months. 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 Russell Global Bond which you can use to evaluate future volatility of the fund. Please check Russell Global Bond Coefficient Of Variation of 859.95 and Risk Adjusted Performance of 0.1492 to confirm if risk estimate we provide are consistent with the epected return of 0.1247%.
|Horizon||30 Days Login to change|
Russell Global Market Sensitivity
|As returns on market increase, Russell Global returns are expected to increase less than the market. However during bear market, the loss on holding Russell Global will be expected to be smaller as well.2 Months Beta |Analyze Russell Global Bond Demand TrendCheck current 30 days Russell Global correlation with market (DOW)|
β = 0.0135
Russell Global Central Daily Price Deviation
Russell Global Bond 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.
Russell Global Projected Return Density Against MarketAssuming 30 trading days horizon, Russell Global has beta of 0.0135 . This indicates as returns on market go up, Russell Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Russell Global Bond Q EUR will be expected to be much smaller as well. Moreover, Russell Global Bond Q EUR has an alpha of 0.1359 implying that it can potentially generate 0.1359% 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 Russell Global is 173.21. The daily returns are destributed with a variance of 0.05 and standard deviation of 0.22. The mean deviation of Russell Global Bond Q EUR is currently at 0.17. For similar time horizon, the selected benchmark (DOW) has volatility of 1.29
|Alpha over DOW||=||0.14|
|Beta against DOW||=||0.0135|
Russell Global Return VolatilityRussell Global Bond Q EUR accepts 0.216% volatility on return distribution over the 30 days horizon. DOW inherits 1.2955% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.3 and is 5.91 times more volatile than Russell Global Bond Q EUR. 1% of all equities and portfolios are less risky than Russell Global. Compared to the overall equity markets, volatility of historical daily returns of Russell Global Bond Q EUR is lower than 1 (%) of all global equities and portfolios over the last 30 days. Use Russell Global Bond Q EUR to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Russell Global to be traded at 1088.89 in 30 days. As returns on market increase, Russell Global returns are expected to increase less than the market. However during bear market, the loss on holding Russell Global will be expected to be smaller as well.
Russell Global correlation with market