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 (0.047998) and Mean Deviation of 2.07 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, WEL OP returns are expected to increase less than the market. However during bear market, the loss on holding WEL OP will be expected to be smaller as well.
2 Months Beta |Analyze WEL OP EM Demand Trend
Check current 30 days WEL OP correlation with market (DOW)
β = 0.3216

WEL OP Central Daily Price Deviation

WEL OP EM Technical Analysis

Transformation
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WEL OP Projected Return Density Against Market

Assuming 30 trading days horizon, WEL OP has beta of 0.3216 . This suggests as returns on market go up, WEL OP average returns are expected to increase less than the benchmark. However during bear market, the loss on holding WEL OP EM CHF S AC will be expected to be much smaller as well. Additionally, WEL OP EM CHF S AC has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.11
β
Beta against DOW=0.32
σ
Overall volatility
=0.00
Ir
Information ratio =0.001

WEL OP Return Volatility

WEL OP EM CHF S AC accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2918% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

WEL OP Investment Opportunity

DOW has a standard deviation of returns of 1.29 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, WEL OP returns are expected to increase less than the market. However during bear market, the loss on holding WEL OP will be expected to be smaller as well.

WEL OP correlation with market

correlation synergy
Average 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

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