LCJ FX (Ireland) Risk Analysis And Volatility Evaluation

10220221 -- Ireland Fund  

GBP 1,317  5.32  0.41%

Our way of estimating volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for LCJ FX which you can use to evaluate future volatility of the entity. Please verify LCJ FX FD B GBP Market Risk Adjusted Performance of 0.1741 and Mean Deviation of 0.154 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

LCJ FX Market Sensitivity

As returns on market increase, LCJ FX returns are expected to increase less than the market. However during bear market, the loss on holding LCJ FX will be expected to be smaller as well.
One Month Beta |Analyze LCJ FX FD Demand Trend
Check current 30 days LCJ FX correlation with market (DOW)
β = 0.0641
LCJ FX Small BetaLCJ FX FD Beta Legend

LCJ FX FD Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, LCJ FX has beta of 0.0641 . This suggests as returns on market go up, LCJ FX average returns are expected to increase less than the benchmark. However during bear market, the loss on holding LCJ FX FD B GBP will be expected to be much smaller as well. Moreover, LCJ FX FD B GBP has an alpha of 0.0041 implying that it can potentially generate 0.0041% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0041
β
Beta against DOW=0.06
σ
Overall volatility
=0.00
Ir
Information ratio =0.37

Actual Return Volatility

LCJ FX FD B GBP accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5397% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

LCJ FX Investment Opportunity
DOW has a standard deviation of returns of 0.54 and is 9.223372036854776E16 times more volatile than LCJ FX FD B GBP. 0% of all equities and portfolios are less risky than LCJ FX. Compared to the overall equity markets, volatility of historical daily returns of LCJ FX FD B GBP is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use LCJ FX FD B GBP to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of LCJ FX to be traded at £1383.35 in 30 days. As returns on market increase, LCJ FX returns are expected to increase less than the market. However during bear market, the loss on holding LCJ FX will be expected to be smaller as well.

LCJ FX correlation with market

Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding LCJ FX FD B GBP and equity matching DJI index in the same portfolio.
Check also Trending Equities. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.