1005971 (Ireland) Risk Analysis And Volatility Evaluation

1005971 -- Ireland Fund  

USD 23.19  1.73  6.94%

Our way in which we are 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 1005971 which you can use to evaluate future volatility of the entity. Please confirm 1005971 Standard Deviation of 5.18, Market Risk Adjusted Performance of 0.2536 and Coefficient Of Variation of (3,512) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

1005971 Market Sensitivity

As returns on market increase, returns on owning 1005971 are expected to decrease at a much smaller rate. During bear market, 1005971 is likely to outperform the market.
2 Months Beta |Analyze 1005971 Demand Trend
Check current 30 days 1005971 correlation with market (DOW)
β = -0.6465

1005971 Central Daily Price Deviation

1005971 Technical Analysis

Transformation
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1005971 Projected Return Density Against Market

Assuming 30 trading days horizon, 1005971 has beta of -0.6465 . This suggests as returns on benchmark increase, returns on holding 1005971 are expected to decrease at a much smaller rate. During bear market, however, 1005971 is likely to outperform the market. Additionally, 1005971 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.26
β
Beta against DOW=0.65
σ
Overall volatility
=0.00
Ir
Information ratio =0.0012

1005971 Return Volatility

1005971 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3328% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Risk-Return Analysis

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Investment Outlook

1005971 Investment Opportunity

DOW has a standard deviation of returns of 1.33 and is 9.223372036854776E16 times more volatile than 1005971. 0% of all equities and portfolios are less risky than 1005971. Compared to the overall equity markets, volatility of historical daily returns of 1005971 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 1005971 to protect against small markets fluctuations. The fund experiences very speculative upward sentiment.. Check odds of 1005971 to be traded at $22.03 in 30 days. As returns on market increase, returns on owning 1005971 are expected to decrease at a much smaller rate. During bear market, 1005971 is likely to outperform the market.

1005971 correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 1005971 and equity matching DJI index in the same portfolio.

1005971 Volatility Indicators

1005971 Current Risk Indicators

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