Our way in which we are 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 UTI Balanced Gr which you can use to evaluate future volatility of the fund. Please validate UTI Balanced Risk Adjusted Performance of 0.2863 and Coefficient Of Variation of 635.88 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
UTI Balanced Market Sensitivity
|As returns on market increase, returns on owning UTI Balanced are expected to decrease at a much smaller rate. During bear market, UTI Balanced is likely to outperform the market. 2 Months Beta |Analyze UTI Balanced Gr Demand TrendCheck current 30 days UTI Balanced correlation with market (DOW)|
β = -0.0089
UTI Balanced Central Daily Price Deviation
UTI Balanced Gr Technical Analysis
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UTI Balanced Projected Return Density Against MarketAssuming 30 trading days horizon, UTI Balanced Gr has beta of -0.0089 . This entails as returns on benchmark increase, returns on holding UTI Balanced are expected to decrease at a much smaller rate. During bear market, however, UTI Balanced Gr is likely to outperform the market. Moreover, The company has an alpha of 0.4793 implying that it can potentially generate 0.4793% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.48|
|Beta against DOW||=||0.0089|
UTI Balanced Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.8964% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.9 and is 9.223372036854776E16 times more volatile than UTI Balanced Gr. 0% of all equities and portfolios are less risky than UTI Balanced. Compared to the overall equity markets, volatility of historical daily returns of UTI Balanced Gr is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use UTI Balanced Gr to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of UTI Balanced to be traded at 154.59 in 30 days. . As returns on market increase, returns on owning UTI Balanced are expected to decrease at a much smaller rate. During bear market, UTI Balanced is likely to outperform the market.
UTI Balanced correlation with market