BAB SR (Ireland) Risk Analysis And Volatility Evaluation

13087739 -- Ireland Fund  

GBP 103.15  1.70  1.68%

Our approach to 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 BAB SR which you can use to evaluate future volatility of the entity. Please confirm BAB SR SEC GBP TRA Coefficient Of Variation of 40857.18 and Market Risk Adjusted Performance of 0.1123 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

BAB SR Market Sensitivity

As returns on market increase, returns on owning BAB SR are expected to decrease at a much smaller rate. During bear market, BAB SR is likely to outperform the market.
One Month Beta |Analyze BAB SR SEC Demand Trend
Check current 30 days BAB SR correlation with market (DOW)
β = -0.0855
BAB SR Almost negative betaBAB SR SEC Beta Legend

BAB SR SEC 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.

Projected Return Density Against Market

Assuming 30 trading days horizon, BAB SR SEC GBP TRA has beta of -0.0855 . This suggests as returns on benchmark increase, returns on holding BAB SR are expected to decrease at a much smaller rate. During bear market, however, BAB SR SEC GBP TRA is likely to outperform the market. Moreover, BAB SR SEC GBP TRA has an alpha of 0.0024 implying that it can potentially generate 0.0024% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0024
β
Beta against DOW=0.09
σ
Overall volatility
=0.00
Ir
Information ratio =0.27

Actual Return Volatility

BAB SR SEC GBP TRA accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.6284% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Did you try this?

Run Idea Breakdown Now
   

Idea Breakdown

Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
All  Next Launch Idea Breakdown

Investment Outlook

BAB SR Investment Opportunity
DOW has a standard deviation of returns of 0.63 and is 9.223372036854776E16 times more volatile than BAB SR SEC GBP TRA. 0% of all equities and portfolios are less risky than BAB SR. Compared to the overall equity markets, volatility of historical daily returns of BAB SR SEC GBP TRA is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use BAB SR SEC GBP TRA to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of BAB SR to be traded at £113.47 in 30 days. As returns on market increase, returns on owning BAB SR are expected to decrease at a much smaller rate. During bear market, BAB SR is likely to outperform the market.

BAB SR correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding BAB SR SEC GBP TRA and equity matching DJI index in the same portfolio.
Check also Trending Equities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.