13410742 (Ireland) Risk Analysis And Volatility

13410742 -- Ireland Fund  

USD 3,235  181.89  5.96%

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 13410742 which you can use to evaluate future volatility of the entity. Please confirm 13410742 Coefficient Of Variation of 282.84, Market Risk Adjusted Performance of (2.57) and Standard Deviation of 2.11 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

13410742 Market Sensitivity

As returns on market increase, returns on owning 13410742 are expected to decrease at a much smaller rate. During bear market, 13410742 is likely to outperform the market.
2 Months Beta |Analyze 13410742 Demand Trend
Check current 30 days 13410742 correlation with market (DOW)
β = -0.2853

13410742 Central Daily Price Deviation

13410742 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.

13410742 Projected Return Density Against Market

Assuming 30 trading days horizon, 13410742 has beta of -0.2853 . This suggests as returns on benchmark increase, returns on holding 13410742 are expected to decrease at a much smaller rate. During bear market, however, 13410742 is likely to outperform the market. Moreover, The company has an alpha of 0.7672 implying that it can potentially generate 0.7672% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.77
β
Beta against DOW=0.29
σ
Overall volatility
=0.00
Ir
Information ratio =0.29

13410742 Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.5731% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

13410742 Investment Opportunity

DOW has a standard deviation of returns of 0.57 and is 9.223372036854776E16 times more volatile than 13410742. 0% of all equities and portfolios are less risky than 13410742. Compared to the overall equity markets, volatility of historical daily returns of 13410742 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 13410742 to enhance returns of your portfolios. The fund experiences very speculative upward sentiment. . Check odds of 13410742 to be traded at $4043.98 in 30 days. . As returns on market increase, returns on owning 13410742 are expected to decrease at a much smaller rate. During bear market, 13410742 is likely to outperform the market.

13410742 correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 13410742 and equity matching DJI index in the same portfolio.

13410742 Current Risk Indicators

13410742 Suggested Diversification Pairs

Check also Trending Equities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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