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 LX IF which you can use to evaluate future volatility of the organization. Please verify LX IF L F D E C I C DEOD Standard Deviation of 1.47, Mean Deviation of 1.02 and Market Risk Adjusted Performance of 2.36 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
LX IF Market Sensitivity
|As returns on market increase, returns on owning LX IF are expected to decrease at a much smaller rate. During bear market, LX IF is likely to outperform the market. 2 Months Beta |Analyze LX IF L Demand TrendCheck current 30 days LX IF correlation with market (DOW)|
β = -0.109
LX IF Central Daily Price Deviation
LX IF L 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.
LX IF Projected Return Density Against MarketAssuming 30 trading days horizon, LX IF L F D E C I C DEOD has beta of -0.109 indicating as returns on benchmark increase, returns on holding LX IF are expected to decrease at a much smaller rate. During bear market, however, LX IF L F D E C I C DEOD 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. LX IF L is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.24|
|Beta against DOW||=||0.11|
LX IF 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 LX IF L F D E C I C DEOD. 0% of all equities and portfolios are less risky than LX IF. Compared to the overall equity markets, volatility of historical daily returns of LX IF L F D E C I C DEOD is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use LX IF L F D E C I C DEOD to protect your portfolios against small markets fluctuations. The etf experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of LX IF to be traded at 89.46 in 30 days. . As returns on market increase, returns on owning LX IF are expected to decrease at a much smaller rate. During bear market, LX IF is likely to outperform the market.
LX IF correlation with market
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