Our approach to foreseeing 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 ANIMA Star High Potential Global I EUR which you can use to evaluate future volatility of the entity. Please confirm ANIMA Star High Mean Deviation of 0.3362 and Risk Adjusted Performance of 0.0029 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
ANIMA Star Market Sensitivity
|As returns on market increase, returns on owning ANIMA Star are expected to decrease at a much smaller rate. During bear market, ANIMA Star is likely to outperform the market. 2 Months Beta |Analyze ANIMA Star High Demand TrendCheck current 30 days ANIMA Star correlation with market (DOW)|
β = -0.1648
ANIMA Star Central Daily Price Deviation
ANIMA Star High Technical Analysis
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ANIMA Star Projected Return Density Against MarketAssuming 30 trading days horizon, ANIMA Star High Potential Global I EUR has beta of -0.1648 . This indicates as returns on benchmark increase, returns on holding ANIMA Star are expected to decrease at a much smaller rate. During bear market, however, ANIMA Star High Potential Global I EUR is likely to outperform the market. Moreover, The company has an alpha of 0.008 implying that it can potentially generate 0.008% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.008|
|Beta against DOW||=||0.16|
ANIMA Star Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6987% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 0.7 and is 9.223372036854776E16 times more volatile than ANIMA Star High Potential Global I EUR. 0% of all equities and portfolios are less risky than ANIMA Star. Compared to the overall equity markets, volatility of historical daily returns of ANIMA Star High Potential Global I EUR is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use ANIMA Star High Potential Global I EUR to protect your portfolios against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of ANIMA Star to be traded at 4.9 in 30 days. . As returns on market increase, returns on owning ANIMA Star are expected to decrease at a much smaller rate. During bear market, ANIMA Star is likely to outperform the market.
ANIMA Star correlation with market