Our philosophy towards 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 Birla Sun Life MIP II Wlth 25 Reg Gr which you can use to evaluate future volatility of the entity. Please confirm Birla Sun Life Mean Deviation of 0.1175 and Risk Adjusted Performance of
(0.42) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
Birla Sun Market Sensitivity
|As returns on market increase, Birla Sun returns are expected to increase less than the market. However during bear market, the loss on holding Birla Sun will be expected to be smaller as well. 2 Months Beta |Analyze Birla Sun Life Demand TrendCheck current 30 days Birla Sun correlation with market (DOW)|
β = 0.0442
Birla Sun Central Daily Price Deviation
Birla Sun Life 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.
Birla Sun Projected Return Density Against MarketAssuming 30 trading days horizon, Birla Sun has beta of 0.0442 . This indicates as returns on market go up, Birla Sun average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Birla Sun Life MIP II Wlth 25 Reg Gr will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Birla Sun Life is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.05|
|Beta against DOW||=||0.0442|
Birla Sun Return Volatilitythe fund firm accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9131% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.91 and is 9.223372036854776E16 times more volatile than Birla Sun Life MIP II Wlth 25 Reg Gr. 0% of all equities and portfolios are less risky than Birla Sun. Compared to the overall equity markets, volatility of historical daily returns of Birla Sun Life MIP II Wlth 25 Reg Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Birla Sun Life MIP II Wlth 25 Reg Gr to protect your portfolios against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Birla Sun to be traded at 36.53 in 30 days. . As returns on market increase, Birla Sun returns are expected to increase less than the market. However during bear market, the loss on holding Birla Sun will be expected to be smaller as well.
Birla Sun correlation with market