Amana Developing Risk Analysis And Volatility

AMDWX -- USA Fund  

USD 10.00  0.01  0.10%

We consider Amana Developing not too volatile. Amana Developing World secures Sharpe Ratio (or Efficiency) of 0.1111 which signifies that the fund had 0.1111% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing 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 Amana Developing World Fund which you can use to evaluate future volatility of the entity. Please confirm Amana Developing World Mean Deviation of 0.4988 and Risk Adjusted Performance of 0.0853 to double-check if risk estimate we provide are consistent with the epected return of 0.0794%.

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Very Small

90 Days Economic Sensitivity

Barely shadows market
Horizon     30 Days    Login   to change

Amana Developing Market Sensitivity

As returns on market increase, Amana Developing returns are expected to increase less than the market. However during bear market, the loss on holding Amana Developing will be expected to be smaller as well.
3 Months Beta |Analyze Amana Developing World Demand Trend
Check current 30 days Amana Developing correlation with market (DOW)
β = 0.0856

Amana Developing Central Daily Price Deviation

Amana Developing World Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Amana Developing Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Amana Developing World moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

Amana Developing Projected Return Density Against Market

Assuming 30 trading days horizon, Amana Developing has beta of 0.0856 . This suggests as returns on market go up, Amana Developing average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Amana Developing World Fund will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0569 implying that it can potentially generate 0.0569% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Amana Developing is 900.06. The daily returns are destributed with a variance of 0.51 and standard deviation of 0.71. The mean deviation of Amana Developing World Fund is currently at 0.51. For similar time horizon, the selected benchmark (DOW) has volatility of 0.89
α
Alpha over DOW
=0.06
β
Beta against DOW=0.09
σ
Overall volatility
=0.71
Ir
Information ratio =0.0422

Amana Developing Return Volatility

the fund shows 0.7148% volatility of returns over 30 trading days. the entity inherits 0.9202% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Amana Developing Investment Opportunity

DOW has a standard deviation of returns of 0.92 and is 1.3 times more volatile than Amana Developing World Fund. 6% of all equities and portfolios are less risky than Amana Developing. Compared to the overall equity markets, volatility of historical daily returns of Amana Developing World Fund is lower than 6 (%) of all global equities and portfolios over the last 30 days. Use Amana Developing World Fund to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Amana Developing to be traded at $10.5 in 30 days. . As returns on market increase, Amana Developing returns are expected to increase less than the market. However during bear market, the loss on holding Amana Developing will be expected to be smaller as well.

Amana Developing correlation with market

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Amana Developing World Fund and equity matching DJI index in the same portfolio.

Amana Developing Current Risk Indicators

Amana Developing Suggested Diversification Pairs

Check also Trending Equities. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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