Taurus Banking (India) Risk Analysis And Volatility Evaluation

TAURUSBANKIN -- India Fund  

INR 20.11  0.06  0.30%

Our philosophy towards measuring 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 Taurus Banking Fin Services Div which you can use to evaluate future volatility of the fund. Please validate Taurus Banking Coefficient Of Variation of 965.56 and Risk Adjusted Performance of 0.1299 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Taurus Banking Market Sensitivity

As returns on market increase, returns on owning Taurus Banking are expected to decrease at a much smaller rate. During bear market, Taurus Banking is likely to outperform the market.
One Month Beta |Analyze Taurus Banking Fin Demand Trend
Check current 30 days Taurus Banking correlation with market (DOW)
β = -0.3778

Taurus Banking Central Daily Price Deviation

Taurus Banking Fin Technical Analysis

Transformation
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Taurus Banking Projected Return Density Against Market

Assuming 30 trading days horizon, Taurus Banking Fin Services Div has beta of -0.3778 . This entails as returns on benchmark increase, returns on holding Taurus Banking are expected to decrease at a much smaller rate. During bear market, however, Taurus Banking Fin Services Div is likely to outperform the market. Moreover, Taurus Banking Fin Services Div has an alpha of 0.1965 implying that it can potentially generate 0.1965% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.20
β
Beta against DOW=0.38
σ
Overall volatility
=0.00
Ir
Information ratio =0.15

Taurus Banking Return Volatility

Taurus Banking Fin Services Div accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.1939% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Taurus Banking Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Taurus Banking Investment Opportunity

DOW has a standard deviation of returns of 1.19 and is 9.223372036854776E16 times more volatile than Taurus Banking Fin Services Div. 0% of all equities and portfolios are less risky than Taurus Banking. Compared to the overall equity markets, volatility of historical daily returns of Taurus Banking Fin Services Div is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Taurus Banking Fin Services Div to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Taurus Banking to be traded at 21.12 in 30 days. As returns on market increase, returns on owning Taurus Banking are expected to decrease at a much smaller rate. During bear market, Taurus Banking is likely to outperform the market.

Taurus Banking correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Taurus Banking Fin Services Di and equity matching DJI index in the same portfolio.

Taurus Banking Volatility Indicators

Taurus Banking Fin Services Div Current Risk Indicators

Also please take a look at World Market Map. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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