1048591 (Ireland) Risk Analysis And Volatility Evaluation

1048591 -- Ireland Fund  

USD 25.60  0.61  2.33%

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 1048591 which you can use to evaluate future volatility of the entity. Please confirm 1048591 Standard Deviation of 1.69, Market Risk Adjusted Performance of 0.1033 and Coefficient Of Variation of 12204.28 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

1048591 Market Sensitivity

As returns on market increase, 1048591 returns are expected to increase less than the market. However during bear market, the loss on holding 1048591 will be expected to be smaller as well.
2 Months Beta |Analyze 1048591 Demand Trend
Check current 30 days 1048591 correlation with market (DOW)
β = 0.0414

1048591 Central Daily Price Deviation

1048591 Technical Analysis

Transformation
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1048591 Projected Return Density Against Market

Assuming 30 trading days horizon, 1048591 has beta of 0.0414 . This suggests as returns on market go up, 1048591 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 1048591 will be expected to be much smaller as well. Moreover, 1048591 has an alpha of 0.0087 implying that it can potentially generate 0.0087% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0087
β
Beta against DOW=0.0414
σ
Overall volatility
=0.00
Ir
Information ratio =0.07

1048591 Return Volatility

1048591 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2765% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Performance Analysis

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Investment Outlook

1048591 Investment Opportunity

DOW has a standard deviation of returns of 1.28 and is 9.223372036854776E16 times more volatile than 1048591. 0% of all equities and portfolios are less risky than 1048591. Compared to the overall equity markets, volatility of historical daily returns of 1048591 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 1048591 to protect against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of 1048591 to be traded at $24.58 in 30 days. As returns on market increase, 1048591 returns are expected to increase less than the market. However during bear market, the loss on holding 1048591 will be expected to be smaller as well.

1048591 correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding 1048591 and equity matching DJI index in the same portfolio.
Check also Trending Equities. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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