Our approach towards estimating volatility of an etf is to use all available market data together with etf specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for KSMS SP2 which you can use to evaluate future volatility of the organization. Please verify KSMS-SP2 Risk Adjusted Performance of
(0.008088) and Mean Deviation of 2.26 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
KSMS SP2 Market Sensitivity
|2 Months Beta |Analyze KSMS-SP2 Demand TrendCheck current 30 days KSMS SP2 correlation with market (DOW)|
β = -1.1219
KSMS SP2 Central Daily Price Deviation
KSMS-SP2 Technical Analysis
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KSMS SP2 Projected Return Density Against MarketAssuming 30 trading days horizon, KSMS-SP2 has beta of -1.1219 indicating Moreover, The company has an alpha of 0.082 implying that it can potentially generate 0.082% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.08|
|Beta against DOW||=||1.12|
KSMS SP2 Return Volatilitythe entity accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6355% risk (volatility on return distribution) over the 30 days horizon.
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DOW has a standard deviation of returns of 0.64 and is 9.223372036854776E16 times more volatile than KSMS-SP2. 0% of all equities and portfolios are less risky than KSMS SP2. Compared to the overall equity markets, volatility of historical daily returns of KSMS-SP2 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use KSMS-SP2 to protect your portfolios against small markets fluctuations. The etf experiences very speculative upward sentiment. Check odds of KSMS SP2 to be traded at S0.0 in 30 days. .
KSMS SP2 correlation with market
Please see also Stocks Correlation. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.