Our approach towards forecasting 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 PSIBV-10 which you can use to evaluate future volatility of the etf. Please check PSIBV-10 Risk Adjusted Performance of 0.1291 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
PSIBV 10 Market Sensitivity
|As returns on market increase, returns on owning PSIBV 10 are expected to decrease at a much smaller rate. During bear market, PSIBV 10 is likely to outperform the market.2 Months Beta |Analyze PSIBV-10 Demand TrendCheck current 30 days PSIBV 10 correlation with market (DOW)|
β = -0.0407
PSIBV 10 Central Daily Price Deviation
PSIBV-10 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.
PSIBV 10 Projected Return Density Against MarketAssuming 30 trading days horizon, PSIBV-10 has beta of -0.0407 . This implies as returns on benchmark increase, returns on holding PSIBV 10 are expected to decrease at a much smaller rate. During bear market, however, PSIBV-10 is likely to outperform the market. Moreover, PSIBV-10 has an alpha of 0.0889 implying that it can potentially generate 0.0889% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.09|
|Beta against DOW||=||0.04|
PSIBV 10 Return VolatilityPSIBV-10 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2765% risk (volatility on return distribution) over the 30 days horizon.
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DOW has a standard deviation of returns of 1.28 and is 9.223372036854776E16 times more volatile than PSIBV-10. 0% of all equities and portfolios are less risky than PSIBV 10. Compared to the overall equity markets, volatility of historical daily returns of PSIBV-10 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use PSIBV-10 to enhance returns of your portfolios. The etf experiences large bullish trend. Check odds of PSIBV 10 to be traded at S6084.1 in 30 days. As returns on market increase, returns on owning PSIBV 10 are expected to decrease at a much smaller rate. During bear market, PSIBV 10 is likely to outperform the market.
PSIBV 10 correlation with market
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