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 Semi Deviation of 0.7496, Risk Adjusted Performance of 0.0935 and Coefficient Of Variation of 1981.64 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. 2 Months Beta |Analyze Reliance Gold Savings Demand TrendCheck current 30 days Reliance Gold correlation with market (DOW)|
β = 0.0857
Reliance Gold Central Daily Price Deviation
Reliance Gold Savings Technical Analysis
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Reliance Gold Projected Return Density Against MarketAssuming 30 trading days horizon, Reliance Gold has beta of 0.0857 . 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. Moreover, The company has an alpha of 0.0622 implying that it can potentially generate 0.0622% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.06|
|Beta against DOW||=||0.09|
Reliance Gold Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9737% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.97 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 protect your portfolios against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Reliance Gold to be traded at 12.89 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