HIGHFIELD PART (Ireland) Risk Analysis And Volatility Evaluation

11166485 -- Ireland Fund  

USD 117.36  2.07  1.73%

Our approach to determining 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 HIGHFIELD PART which you can use to evaluate future volatility of the entity. Please check out HIGHFIELD PART Market Risk Adjusted Performance of 1.87 and Risk Adjusted Performance of 0.113 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

HIGHFIELD PART Market Sensitivity

As returns on market increase, returns on owning HIGHFIELD PART are expected to decrease at a much smaller rate. During bear market, HIGHFIELD PART is likely to outperform the market.
One Month Beta |Analyze HIGHFIELD PART Demand Trend
Check current 30 days HIGHFIELD PART correlation with market (DOW)
β = -0.0373
HIGHFIELD PART Almost negative betaHIGHFIELD PART Beta Legend

HIGHFIELD PART Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Projected Return Density Against Market

Assuming 30 trading days horizon, HIGHFIELD PART has beta of -0.0373 . This suggests as returns on benchmark increase, returns on holding HIGHFIELD PART are expected to decrease at a much smaller rate. During bear market, however, HIGHFIELD PART is likely to outperform the market. Moreover, HIGHFIELD PART has an alpha of 0.0739 implying that it can potentially generate 0.0739% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.07
β
Beta against DOW=0.04
σ
Overall volatility
=0.00
Ir
Information ratio =0.08

Actual Return Volatility

HIGHFIELD PART accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5519% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Did you try this?

Run Portfolio Quick Import Now
   

Portfolio Quick Import

Import or update all your transactions via one easy-to-use interface
All  Next Launch Portfolio Quick Import

Investment Outlook

HIGHFIELD PART Investment Opportunity
DOW has a standard deviation of returns of 0.55 and is 9.223372036854776E16 times more volatile than HIGHFIELD PART. 0% of all equities and portfolios are less risky than HIGHFIELD PART. Compared to the overall equity markets, volatility of historical daily returns of HIGHFIELD PART is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use HIGHFIELD PART to protect against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of HIGHFIELD PART to be traded at $113.84 in 30 days. As returns on market increase, returns on owning HIGHFIELD PART are expected to decrease at a much smaller rate. During bear market, HIGHFIELD PART is likely to outperform the market.

HIGHFIELD PART correlation with market

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

Volatility Indicators

HIGHFIELD PART Current Risk Indicators
Check also Trending Equities. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.