1338429 (Ireland) Risk Analysis And Volatility Evaluation

1338429 -- Ireland Fund  

EUR 1.44  0.0036  0.25%

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 1338429 which you can use to evaluate future volatility of the entity. Please confirm 1338429 Standard Deviation of 0.9502, Market Risk Adjusted Performance of 0.0387 and Coefficient Of Variation of 21858.7 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

1338429 Market Sensitivity

As returns on market increase, returns on owning 1338429 are expected to decrease at a much smaller rate. During bear market, 1338429 is likely to outperform the market.
2 Months Beta |Analyze 1338429 Demand Trend
Check current 30 days 1338429 correlation with market (DOW)
β = -0.1968

1338429 Central Daily Price Deviation

1338429 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.

1338429 Projected Return Density Against Market

Assuming 30 trading days horizon, 1338429 has beta of -0.1968 . This suggests as returns on benchmark increase, returns on holding 1338429 are expected to decrease at a much smaller rate. During bear market, however, 1338429 is likely to outperform the market. Additionally, 1338429 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
=0.04
β
Beta against DOW=0.2
σ
Overall volatility
=0.00
Ir
Information ratio =0.17

1338429 Return Volatility

1338429 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3328% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

1338429 Investment Opportunity

DOW has a standard deviation of returns of 1.33 and is 9.223372036854776E16 times more volatile than 1338429. 0% of all equities and portfolios are less risky than 1338429. Compared to the overall equity markets, volatility of historical daily returns of 1338429 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 1338429 to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of 1338429 to be traded at €1.512 in 30 days. As returns on market increase, returns on owning 1338429 are expected to decrease at a much smaller rate. During bear market, 1338429 is likely to outperform the market.

1338429 correlation with market

correlation synergy
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 1338429 and equity matching DJI index in the same portfolio.

1338429 Volatility Indicators

1338429 Current Risk Indicators

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