Our approach into measuring 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 TCMR-14 which you can use to evaluate future volatility of the entity. Please validate TCMR 14 Risk Adjusted Performance of
(0.11) and Market Risk Adjusted Performance of 1.67 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
TCMR 14 Market Sensitivity
|As returns on market increase, returns on owning TCMR 14 are expected to decrease at a much smaller rate. During bear market, TCMR 14 is likely to outperform the market.2 Months Beta |Analyze TCMR-14 Demand TrendCheck current 30 days TCMR 14 correlation with market (DOW)|
β = -0.006
TCMR 14 Central Daily Price Deviation
TCMR-14 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.
TCMR 14 Projected Return Density Against MarketAssuming 30 trading days horizon, TCMR-14 has beta of -0.006 . This entails as returns on benchmark increase, returns on holding TCMR 14 are expected to decrease at a much smaller rate. During bear market, however, TCMR-14 is likely to outperform the market. Additionally, TCMR-14 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
|Alpha over DOW||=||0.01|
|Beta against DOW||=||0.006|
TCMR 14 Return VolatilityTCMR-14 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.
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
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DOW has a standard deviation of returns of 1.28 and is 9.223372036854776E16 times more volatile than TCMR-14. 0% of all equities and portfolios are less risky than TCMR 14. Compared to the overall equity markets, volatility of historical daily returns of TCMR-14 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use TCMR-14 to enhance returns of your portfolios. The etf experiences normal upward fluctuation. Check odds of TCMR 14 to be traded at S3171.95 in 30 days. As returns on market increase, returns on owning TCMR 14 are expected to decrease at a much smaller rate. During bear market, TCMR 14 is likely to outperform the market.
TCMR 14 correlation with market
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