Our way in which we are 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 IE00B64NYQ07 which you can use to evaluate future volatility of the entity. Please check out IE00B64NYQ07 to validate if risk estimate we provide are consistent with the epected return of 0.0%. The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and IE00B64NYQ07 are completely uncorrelated. Although it is extremely important to respect IE00B64NYQ07
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The way in which we are determining future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By inspecting IE00B64NYQ07 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
No correlation between past and present
IE00B64NYQ07 has no correlation between past and present. Overlapping area represents the amount of predictability between IE00B64NYQ07 time series from May 19, 2019 to June 18, 2019 and June 18, 2019 to July 18, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of IE00B64NYQ07 price movement. The serial correlation of 0.0 indicates that just 0.0% of current IE00B64NYQ07 price fluctuation can be explain by its past prices.