10864576 (Ireland) Risk Analysis And Volatility Evaluation

10864576 -- Ireland Fund  

EUR 11.68  0.21  1.77%

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 10864576 which you can use to evaluate future volatility of the entity. Please confirm 10864576 Standard Deviation of 1.26, Market Risk Adjusted Performance of 0.0258 and Coefficient Of Variation of 17196.04 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

10864576 Market Sensitivity

As returns on market increase, returns on owning 10864576 are expected to decrease at a much smaller rate. During bear market, 10864576 is likely to outperform the market.
One Month Beta |Analyze 10864576 Demand Trend
Check current 30 days 10864576 correlation with market (DOW)
β = -0.1688
10864576 Almost negative beta10864576 Beta Legend

10864576 Technical Analysis

Transformation
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10864576 Projected Return Density Against Market

Assuming 30 trading days horizon, 10864576 has beta of -0.1688 . This suggests as returns on benchmark increase, returns on holding 10864576 are expected to decrease at a much smaller rate. During bear market, however, 10864576 is likely to outperform the market. Moreover, 10864576 has an alpha of 0.0254 implying that it can potentially generate 0.0254% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0254
β
Beta against DOW=0.17
σ
Overall volatility
=0.00
Ir
Information ratio =0.13

10864576 Return Volatility

10864576 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4529% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Performance Analysis

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Investment Outlook

10864576 Investment Opportunity

DOW has a standard deviation of returns of 0.45 and is 9.223372036854776E16 times more volatile than 10864576. 0% of all equities and portfolios are less risky than 10864576. Compared to the overall equity markets, volatility of historical daily returns of 10864576 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 10864576 to protect against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of 10864576 to be traded at €11.33 in 30 days. As returns on market increase, returns on owning 10864576 are expected to decrease at a much smaller rate. During bear market, 10864576 is likely to outperform the market.

10864576 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 10864576 and equity matching DJI index in the same portfolio.

10864576 Volatility Indicators

10864576 Current Risk Indicators

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