Our philosophy towards determining 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 Hermes Multi Strat which you can use to evaluate future volatility of the entity. Please check out Hermes Multi Market Risk Adjusted Performance of
(0.67) and Risk Adjusted Performance of 0.0767 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
Hermes Multi Market Sensitivity
|As returns on market increase, returns on owning Hermes Multi are expected to decrease at a much smaller rate. During bear market, Hermes Multi is likely to outperform the market. 2 Months Beta |Analyze Hermes Multi Strat Demand TrendCheck current 30 days Hermes Multi correlation with market (DOW)|
β = -0.132
Hermes Multi Central Daily Price Deviation
Hermes Multi Strat Technical Analysis
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Hermes Multi Projected Return Density Against MarketAssuming 30 trading days horizon, Hermes Multi Strat F GBP has beta of -0.132 . This indicates as returns on benchmark increase, returns on holding Hermes Multi are expected to decrease at a much smaller rate. During bear market, however, Hermes Multi Strat F GBP is likely to outperform the market. Moreover, The company has an alpha of 0.0984 implying that it can potentially generate 0.0984% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.1|
|Beta against DOW||=||0.13|
Hermes Multi Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6883% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 0.69 and is 9.223372036854776E16 times more volatile than Hermes Multi Strat F GBP. 0% of all equities and portfolios are less risky than Hermes Multi. Compared to the overall equity markets, volatility of historical daily returns of Hermes Multi Strat F GBP is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Hermes Multi Strat F GBP to protect your portfolios against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Hermes Multi to be traded at p;127.07 in 30 days. . As returns on market increase, returns on owning Hermes Multi are expected to decrease at a much smaller rate. During bear market, Hermes Multi is likely to outperform the market.
Hermes Multi correlation with market