1048591 (Ireland) Risk Analysis And Volatility Evaluation

1048591 -- Ireland Fund  

USD 25.60  0.61  2.33%

Macroaxis considers 1048591 to be unknown risk. 1048591 retains Efficiency (Sharpe Ratio) of -0.5774 which signifies that 1048591 had -0.5774% of return per unit of price deviation over the last 1 month. Macroaxis way in which we are foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. 1048591 exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm 1048591 Standard Deviation of 1.35 and Coefficient Of Variation of 1,378 to double-check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

1048591 Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, 1048591 has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and 1048591 are completely uncorrelated. Furthermore, 1048591It does not look like 1048591 alpha can have any bearing on the equity current valuation.
Assuming 30 trading days horizon, the coefficient of variation of 1048591 is -173.21. The daily returns are destributed with a variance of 1.81 and standard deviation of 1.34. The mean deviation of 1048591 is currently at 1.03. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.34
Ir
Information ratio =0.00

Actual Return Volatility

1048591 accepts 1.3437% volatility on return distribution over the 30 days horizon. DOW inherits 0.0% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
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Investment Outlook

1048591 Investment Opportunity
1048591 has a volatility of 1.34 and is 9.223372036854776E16 times more volatile than DOW. 12% 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 12 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

1048591 Current Risk Indicators
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