Category Level: Risk Parameters

Overview

The Risk Parameters - Category Level API provides key statistical measures that indicate the risk and performance of mutual fund categories, specifically targeting a specified asset sub-category and plan name. This API is crucial for financial platforms that offer detailed risk analysis capabilities, allowing users to understand how different categories of mutual funds have performed over selected time ranges.

Input

Asset sub-category: The specific sub-category of mutual funds (e.g., Flexi-Cap).

Plan name: The plan type of mutual funds (e.g., Direct).

From: The starting date for calculating risk parameters.

Ranges: The time range for which the risk parameters are calculated. Options include "1Y", "3Y", "5Y", "7Y".

Output

The output provides key risk metrics for the specified mutual fund category across the specified time range:

Annual standard deviation (SD): Measures the volatility of returns for funds in the selected category.

Beta: Indicates the sensitivity of the funds in the category to movements in the market.

Sharpe ratio: Measures the risk-adjusted return of the funds in the category.

Jensen's alpha: Indicates the abnormal return of the funds in the category over the expected return predicted by the market.