NEM GLB (Ireland) Risk Analysis And Volatility Evaluation

12438395 -- Ireland Fund  

USD 120.21  11.70  10.78%

Our way of estimating 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 NEM GLB which you can use to evaluate future volatility of the organization. Please verify NEM GLB USD INV ACC Risk Adjusted Performance of 0.1044 and Mean Deviation of 4.57 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

NEM GLB Market Sensitivity

As returns on market increase, NEM GLB returns are expected to increase less than the market. However during bear market, the loss on holding NEM GLB will be expected to be smaller as well.
2 Months Beta |Analyze NEM GLB USD Demand Trend
Check current 30 days NEM GLB correlation with market (DOW)
β = 0.068

NEM GLB Central Daily Price Deviation

NEM GLB USD Technical Analysis

Transformation
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NEM GLB Projected Return Density Against Market

Assuming 30 trading days horizon, NEM GLB has beta of 0.068 . This suggests as returns on market go up, NEM GLB average returns are expected to increase less than the benchmark. However during bear market, the loss on holding NEM GLB USD INV ACC will be expected to be much smaller as well. Moreover, NEM GLB USD INV ACC has an alpha of 0.5014 implying that it can potentially generate 0.5014% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.50
β
Beta against DOW=0.07
σ
Overall volatility
=0.00
Ir
Information ratio =0.09

NEM GLB Return Volatility

NEM GLB USD INV ACC accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2955% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

NEM GLB Investment Opportunity

DOW has a standard deviation of returns of 1.3 and is 9.223372036854776E16 times more volatile than NEM GLB USD INV ACC. 0% of all equities and portfolios are less risky than NEM GLB. Compared to the overall equity markets, volatility of historical daily returns of NEM GLB USD INV ACC is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use NEM GLB USD INV ACC to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of NEM GLB to be traded at $150.26 in 30 days. As returns on market increase, NEM GLB returns are expected to increase less than the market. However during bear market, the loss on holding NEM GLB will be expected to be smaller as well.

NEM GLB correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding NEM GLB USD INV ACC and equity matching DJI index in the same portfolio.

NEM GLB Volatility Indicators

NEM GLB USD INV ACC Current Risk Indicators

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