WEL OP (Ireland) Risk Analysis And Volatility Evaluation

11437840 -- Ireland Fund  

CHF 13.33  0.42  3.25%

Our approach into determining 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 WEL OP EM which you can use to evaluate future volatility of the fund. Please check out WEL OP EM Risk Adjusted Performance of 0.1627, Mean Deviation of 2.11 and Downside Deviation of 3.89 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

WEL OP Market Sensitivity

As returns on market increase, returns on owning WEL OP are expected to decrease at a much smaller rate. During bear market, WEL OP is likely to outperform the market.
One Month Beta |Analyze WEL OP EM Demand Trend
Check current 30 days WEL OP correlation with market (DOW)
β = -0.6966
WEL OP Almost negative betaWEL OP EM Beta Legend

WEL OP EM 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.

WEL OP Projected Return Density Against Market

Assuming 30 trading days horizon, WEL OP EM CHF S AC has beta of -0.6966 . This suggests as returns on benchmark increase, returns on holding WEL OP are expected to decrease at a much smaller rate. During bear market, however, WEL OP EM CHF S AC is likely to outperform the market. Moreover, WEL OP EM CHF S AC has an alpha of 0.3749 implying that it can potentially generate 0.3749% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.37
β
Beta against DOW=0.7
σ
Overall volatility
=0.00
Ir
Information ratio =0.19

WEL OP Return Volatility

WEL OP EM CHF S AC accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Did you try this?

Run Portfolio Diagnostics Now

   

Portfolio Diagnostics

Use generated alerts and portfolio events aggregator to diagnose current holdings
All  Next Launch Portfolio Diagnostics

Investment Outlook

WEL OP Investment Opportunity

DOW has a standard deviation of returns of 1.06 and is 9.223372036854776E16 times more volatile than WEL OP EM CHF S AC. 0% of all equities and portfolios are less risky than WEL OP. Compared to the overall equity markets, volatility of historical daily returns of WEL OP EM CHF S AC is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use WEL OP EM CHF S AC to enhance returns of your portfolios. The fund experiences unexpected upward trend. Watch out for market signals. Check odds of WEL OP to be traded at ₣16.0 in 30 days. As returns on market increase, returns on owning WEL OP are expected to decrease at a much smaller rate. During bear market, WEL OP is likely to outperform the market.

WEL OP correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding WEL OP EM CHF S AC and equity matching DJI index in the same portfolio.

WEL OP Volatility Indicators

WEL OP EM CHF S AC Current Risk Indicators

Check also Trending Equities. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Search macroaxis.com