12400077 (Ireland) Risk Analysis And Volatility Evaluation

12400077 -- Ireland Fund  

GBP 12.74  0.18  1.43%

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 12400077 which you can use to evaluate future volatility of the entity. Please confirm 12400077 Standard Deviation of 0.5851, Market Risk Adjusted Performance of 1.65 and Coefficient Of Variation of 244.95 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

12400077 Market Sensitivity

As returns on market increase, returns on owning 12400077 are expected to decrease at a much smaller rate. During bear market, 12400077 is likely to outperform the market.
One Month Beta |Analyze 12400077 Demand Trend
Check current 30 days 12400077 correlation with market (DOW)
β = -0.1378
12400077 Almost negative beta12400077 Beta Legend

12400077 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.

12400077 Projected Return Density Against Market

Assuming 30 trading days horizon, 12400077 has beta of -0.1378 . This suggests as returns on benchmark increase, returns on holding 12400077 are expected to decrease at a much smaller rate. During bear market, however, 12400077 is likely to outperform the market. Moreover, 12400077 has an alpha of 0.205 implying that it can potentially generate 0.205% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.20
β
Beta against DOW=0.14
σ
Overall volatility
=0.00
Ir
Information ratio =0.69

12400077 Return Volatility

12400077 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0404% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

12400077 Investment Opportunity

DOW has a standard deviation of returns of 1.04 and is 9.223372036854776E16 times more volatile than 12400077. 0% of all equities and portfolios are less risky than 12400077. Compared to the overall equity markets, volatility of historical daily returns of 12400077 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 12400077 to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of 12400077 to be traded at £14.01 in 30 days. As returns on market increase, returns on owning 12400077 are expected to decrease at a much smaller rate. During bear market, 12400077 is likely to outperform the market.

12400077 correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 12400077 and equity matching DJI index in the same portfolio.

12400077 Volatility Indicators

12400077 Current Risk Indicators

Check also Trending Equities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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