11725448 (Ireland) Risk Analysis And Volatility Evaluation

11725448 -- Ireland Fund  

CAD 129.34  11.79  10.03%

Our way in which we are foreseeing 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 11725448 which you can use to evaluate future volatility of the entity. Please confirm 11725448 Standard Deviation of 5.12, Market Risk Adjusted Performance of 0.21 and Coefficient Of Variation of 4107.59 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

11725448 Market Sensitivity

As returns on market increase, returns on owning 11725448 are expected to decrease at a much smaller rate. During bear market, 11725448 is likely to outperform the market.
One Month Beta |Analyze 11725448 Demand Trend
Check current 30 days 11725448 correlation with market (DOW)
β = -0.5228
11725448 Almost negative beta11725448 Beta Legend

11725448 Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, 11725448 has beta of -0.5228 . This suggests as returns on benchmark increase, returns on holding 11725448 are expected to decrease at a much smaller rate. During bear market, however, 11725448 is likely to outperform the market. Moreover, 11725448 has an alpha of 0.1669 implying that it can potentially generate 0.1669% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.17
β
Beta against DOW=0.52
σ
Overall volatility
=0.00
Ir
Information ratio =0.0029

Actual Return Volatility

11725448 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5397% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Fundamental Analysis

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Investment Outlook

11725448 Investment Opportunity
DOW has a standard deviation of returns of 0.54 and is 9.223372036854776E16 times more volatile than 11725448. 0% of all equities and portfolios are less risky than 11725448. Compared to the overall equity markets, volatility of historical daily returns of 11725448 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 11725448 to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of 11725448 to be traded at C$161.68 in 30 days. As returns on market increase, returns on owning 11725448 are expected to decrease at a much smaller rate. During bear market, 11725448 is likely to outperform the market.

11725448 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 11725448 and equity matching DJI index in the same portfolio.
Check also Trending Equities. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.