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-one technical indicators for New Capital which you can use to evaluate future volatility of the organization. Please verify New Capital Dynamic European Eq USD Ord Mean Deviation of 0.8358 and Risk Adjusted Performance of
(0.54) to check out if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
New Capital Market Sensitivity
|As returns on market increase, returns on owning New Capital are expected to decrease at a much smaller rate. During bear market, New Capital is likely to outperform the market. 2 Months Beta |Analyze New Capital Dynamic Demand TrendCheck current 30 days New Capital correlation with market (DOW)|
β = -0.0247
New Capital Central Daily Price Deviation
New Capital Dynamic 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.
New Capital Projected Return Density Against MarketAssuming 30 trading days horizon, New Capital Dynamic European Eq USD Ord has beta of -0.0247 . This indicates as returns on benchmark increase, returns on holding New Capital are expected to decrease at a much smaller rate. During bear market, however, New Capital Dynamic European Eq USD Ord is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. New Capital Dynamic is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.38|
|Beta against DOW||=||0.02|
New Capital Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.657% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.66 and is 9.223372036854776E16 times more volatile than New Capital Dynamic European Eq USD Ord. 0% of all equities and portfolios are less risky than New Capital. Compared to the overall equity markets, volatility of historical daily returns of New Capital Dynamic European Eq USD Ord is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use New Capital Dynamic European Eq USD Ord to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of New Capital to be traded at $131.1 in 30 days. . As returns on market increase, returns on owning New Capital are expected to decrease at a much smaller rate. During bear market, New Capital is likely to outperform the market.
New Capital correlation with market