NEU BER (Ireland) Risk Analysis And Volatility Evaluation

13296401 -- Ireland Fund  

USD 14.15  0.69  5.13%

Our approach into estimating 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 NEU BER which you can use to evaluate future volatility of the organization. Please verify NEU BER USD A AC Market Risk Adjusted Performance of 0.0474, Mean Deviation of 2.25 and Risk Adjusted Performance of 0.018 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

NEU BER Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, NEU BER will likely underperform.
One Month Beta |Analyze NEU BER USD Demand Trend
Check current 30 days NEU BER correlation with market (DOW)
β = 1.2172
NEU BER Large BetaNEU BER USD Beta Legend

NEU BER USD 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, the fund has beta coefficient of 1.2172 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, NEU BER will likely underperform. Additionally, NEU BER USD A AC has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.11
β
Beta against DOW=1.22
σ
Overall volatility
=0.00
Ir
Information ratio =0.02

Actual Return Volatility

NEU BER USD A AC 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 

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Investment Outlook

NEU BER Investment Opportunity
DOW has a standard deviation of returns of 0.63 and is 9.223372036854776E16 times more volatile than NEU BER USD A AC. 0% of all equities and portfolios are less risky than NEU BER. Compared to the overall equity markets, volatility of historical daily returns of NEU BER USD A AC is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use NEU BER USD A AC to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of NEU BER to be traded at $17.69 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, NEU BER will likely underperform.

NEU BER correlation with market

Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding NEU BER USD A AC 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.