Reliance Gold (India) Risk Analysis And Volatility Evaluation

RELIANCEGOLD -- India Fund  

INR 12.52  12.52  9,223,372,036,855%

Our philosophy towards forecasting 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 Reliance Gold Savings which you can use to evaluate future volatility of the fund. Please check Reliance Gold Savings Coefficient Of Variation of 555.63 and Risk Adjusted Performance of 0.08 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Reliance Gold Market Sensitivity

As returns on market increase, Reliance Gold returns are expected to increase less than the market. However during bear market, the loss on holding Reliance Gold will be expected to be smaller as well.
One Month Beta |Analyze Reliance Gold Savings Demand Trend
Check current 30 days Reliance Gold correlation with market (DOW)
β = 0.0532
Reliance Gold Small BetaReliance Gold Savings Beta Legend

Reliance Gold Savings Technical Analysis

Transformation
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Reliance Gold Projected Return Density Against Market

Assuming 30 trading days horizon, Reliance Gold has beta of 0.0532 . This implies as returns on market go up, Reliance Gold average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Reliance Gold Savings Gr will be expected to be much smaller as well. Additionally, Reliance Gold Savings Gr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.14
β
Beta against DOW=0.05
σ
Overall volatility
=0.00
Ir
Information ratio =0.45

Reliance Gold Return Volatility

Reliance Gold Savings Gr accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Reliance Gold Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Reliance Gold Investment Opportunity

DOW has a standard deviation of returns of 0.45 and is 9.223372036854776E16 times more volatile than Reliance Gold Savings Gr. 0% of all equities and portfolios are less risky than Reliance Gold. Compared to the overall equity markets, volatility of historical daily returns of Reliance Gold Savings Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Reliance Gold Savings Gr to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of Reliance Gold to be traded at 15.65 in 30 days. As returns on market increase, Reliance Gold returns are expected to increase less than the market. However during bear market, the loss on holding Reliance Gold will be expected to be smaller as well.

Reliance Gold correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Reliance Gold Savings Gr and equity matching DJI index in the same portfolio.

Reliance Gold Volatility Indicators

Reliance Gold Savings Gr Current Risk Indicators

Additionally take a look at Your Equity Center. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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