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SNOWBALL VALUE (Spain) Volatility

SN
S3983 -- Spain Fund  

EUR 0.89  0.0059  0.67%

Macroaxis considers SNOWBALL VALUE to be out of control. SNOWBALL VALUE SICAV owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.194, which indicates the organization had -0.194% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy towards measuring risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. SNOWBALL VALUE SICAV S A exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate SNOWBALL VALUE Risk Adjusted Performance of (0.46) and Coefficient Of Variation of (812.22) to confirm the risk estimate we provide.
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SNOWBALL VALUE Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of SNOWBALL daily returns, and it is calculated using variance and standard deviation. We also use SNOWBALL's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of SNOWBALL VALUE volatility.

SNOWBALL VALUE Market Sensitivity

As returns on market increase, returns on owning SNOWBALL VALUE are expected to decrease at a much smaller rate. During bear market, SNOWBALL VALUE is likely to outperform the market.
3 Months Beta |Analyze SNOWBALL VALUE SICAV Demand Trend
Check current 30 days SNOWBALL VALUE correlation with market (DOW)
β = -0.0644

SNOWBALL VALUE Central Daily Price Deviation

SNOWBALL VALUE SICAV Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of twenty-five. The Median Price line plots median indexes of SNOWBALL VALUE SICAV price series. View also all equity analysis or get more info about median price price transform indicator.

SNOWBALL VALUE Projected Return Density Against Market

Assuming 30 trading days horizon, SNOWBALL VALUE SICAV S A has beta of -0.0644 . This entails as returns on benchmark increase, returns on holding SNOWBALL VALUE are expected to decrease at a much smaller rate. During bear market, however, SNOWBALL VALUE SICAV S A 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. SNOWBALL VALUE SICAV is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of SNOWBALL VALUE is -515.37. The daily returns are destributed with a variance of 199.11 and standard deviation of 14.11. The mean deviation of SNOWBALL VALUE SICAV S A is currently at 9.05. For similar time horizon, the selected benchmark (DOW) has volatility of 3.81
α
Alpha over DOW
=1.31
β
Beta against DOW=0.06
σ
Overall volatility
=14.11
Ir
Information ratio =0.09

SNOWBALL VALUE Return Volatility

the fund venture accepts 14.1108% volatility on return distribution over the 30 days horizon. the entity inherits 3.8414% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

SNOWBALL VALUE Investment Opportunity

SNOWBALL VALUE SICAV S A has a volatility of 14.11 and is 3.67 times more volatile than DOW. 96  of all equities and portfolios are less risky than SNOWBALL VALUE. Compared to the overall equity markets, volatility of historical daily returns of SNOWBALL VALUE SICAV S A is higher than 96 () of all global equities and portfolios over the last 30 days. Use SNOWBALL VALUE SICAV S A to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of SNOWBALL VALUE to be traded at €0.975 in 30 days. . As returns on market increase, returns on owning SNOWBALL VALUE are expected to decrease at a much smaller rate. During bear market, SNOWBALL VALUE is likely to outperform the market.

SNOWBALL VALUE correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding SNOWBALL VALUE SICAV S A and equity matching DJI index in the same portfolio.

SNOWBALL VALUE Current Risk Indicators

SNOWBALL VALUE Suggested Diversification Pairs

Additionally, take a look at World Market Map. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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