13259930 (Ireland) Risk Analysis And Volatility Evaluation

13259930 -- Ireland Fund  

EUR 1.06  0.01  0.95%

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 13259930 which you can use to evaluate future volatility of the entity. Please confirm 13259930 Standard Deviation of 0.5591, Market Risk Adjusted Performance of 0.43 and Coefficient Of Variation of 1198.94 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

13259930 Market Sensitivity

As returns on market increase, returns on owning 13259930 are expected to decrease at a much smaller rate. During bear market, 13259930 is likely to outperform the market.
One Month Beta |Analyze 13259930 Demand Trend
Check current 30 days 13259930 correlation with market (DOW)
β = -0.0833
13259930 Almost negative beta13259930 Beta Legend

13259930 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.

13259930 Projected Return Density Against Market

Assuming 30 trading days horizon, 13259930 has beta of -0.0833 . This suggests as returns on benchmark increase, returns on holding 13259930 are expected to decrease at a much smaller rate. During bear market, however, 13259930 is likely to outperform the market. Moreover, 13259930 has an alpha of 0.0453 implying that it can potentially generate 0.0453% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0453
β
Beta against DOW=0.08
σ
Overall volatility
=0.00
Ir
Information ratio =0.12

13259930 Return Volatility

13259930 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.3801% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

13259930 Investment Opportunity

DOW has a standard deviation of returns of 0.38 and is 9.223372036854776E16 times more volatile than 13259930. 0% of all equities and portfolios are less risky than 13259930. Compared to the overall equity markets, volatility of historical daily returns of 13259930 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 13259930 to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of 13259930 to be traded at €1.166 in 30 days. As returns on market increase, returns on owning 13259930 are expected to decrease at a much smaller rate. During bear market, 13259930 is likely to outperform the market.

13259930 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 13259930 and equity matching DJI index in the same portfolio.

13259930 Volatility Indicators

13259930 Current Risk Indicators

Check also Trending Equities. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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