We consider Westfield Capital not too volatile. Westfield Capital shows Sharpe Ratio of 0.0486 which attests that the fund had 0.0486% of return per unit of risk over the last 3 months. Our philosophy towards determining 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 Westfield Capital which you can use to evaluate future volatility of the fund. Please check out Westfield Capital Mean Deviation of 0.6561, Market Risk Adjusted Performance of
(0.55) and Downside Deviation of 1.11 to validate if risk estimate we provide are consistent with the epected return of 0.0452%.
90 Days Market Risk
Not too volatile
Chance of Distress in 24 months
90 Days Economic Sensitivity
Moves indifferently to market moves
|Horizon||30 Days Login to change|
Westfield Capital Market Sensitivity
|As returns on market increase, returns on owning Westfield Capital are expected to decrease at a much smaller rate. During bear market, Westfield Capital is likely to outperform the market. 3 Months Beta |Analyze Westfield Capital Demand TrendCheck current 30 days Westfield Capital correlation with market (DOW)|
β = -0.0512
Westfield Capital Central Daily Price Deviation
Westfield Capital Technical Analysis
Westfield Capital Projected Return Density Against MarketAssuming 30 trading days horizon, Westfield Capital Dividend Grow has beta of -0.0512 . This means as returns on benchmark increase, returns on holding Westfield Capital are expected to decrease at a much smaller rate. During bear market, however, Westfield Capital Dividend Grow is likely to outperform the market. Moreover, The company has an alpha of 0.0296 implying that it can potentially generate 0.0296% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of Westfield Capital is 2058.23. The daily returns are destributed with a variance of 0.87 and standard deviation of 0.93. The mean deviation of Westfield Capital Dividend Grow is currently at 0.67. For similar time horizon, the selected benchmark (DOW) has volatility of 0.9
|Alpha over DOW||=||0.0296|
|Beta against DOW||=||0.05|
Westfield Capital Return Volatilitythe fund shows 0.931% volatility of returns over 30 trading days. the entity inherits 0.9048% risk (volatility on return distribution) over the 30 days horizon.
Westfield Capital Investment Opportunity
Westfield Capital Dividend Grow has a volatility of 0.93 and is 1.03 times more volatile than DOW. 8% of all equities and portfolios are less risky than Westfield Capital. Compared to the overall equity markets, volatility of historical daily returns of Westfield Capital Dividend Grow is lower than 8 (%) of all global equities and portfolios over the last 30 days. Use Westfield Capital Dividend Grow to protect your portfolios against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Westfield Capital to be traded at $11.75 in 30 days. . As returns on market increase, returns on owning Westfield Capital are expected to decrease at a much smaller rate. During bear market, Westfield Capital is likely to outperform the market.
Westfield Capital correlation with market
Westfield Capital Current Risk Indicators
|Risk Adjusted Performance||0.0381|
|Market Risk Adjusted Performance||(0.55)|
|Coefficient Of Variation||2372.26|
Westfield Capital Suggested Diversification Pairs