14074716 (Ireland) Risk Analysis And Volatility Evaluation

14074716 -- Ireland Fund  

USD 16.63  0.75  4.32%

Our way in which we are 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 14074716 which you can use to evaluate future volatility of the entity. Please confirm 14074716 Standard Deviation of 2.66, Market Risk Adjusted Performance of 0.2583 and Coefficient Of Variation of 1,428 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

14074716 Market Sensitivity

As returns on market increase, returns on owning 14074716 are expected to decrease at a much smaller rate. During bear market, 14074716 is likely to outperform the market.
One Month Beta |Analyze 14074716 Demand Trend
Check current 30 days 14074716 correlation with market (DOW)
β = -0.7918
14074716 Almost negative beta14074716 Beta Legend

14074716 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, 14074716 has beta of -0.7918 . This suggests as returns on benchmark increase, returns on holding 14074716 are expected to decrease at a much smaller rate. During bear market, however, 14074716 is likely to outperform the market. Additionally, 14074716 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
=0.12
β
Beta against DOW=0.79
σ
Overall volatility
=0.00
Ir
Information ratio =0.11

Actual Return Volatility

14074716 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5804% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

14074716 Investment Opportunity
DOW has a standard deviation of returns of 0.58 and is 9.223372036854776E16 times more volatile than 14074716. 0% of all equities and portfolios are less risky than 14074716. Compared to the overall equity markets, volatility of historical daily returns of 14074716 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 14074716 to protect against small markets fluctuations. The fund experiences very speculative upward sentiment.. Check odds of 14074716 to be traded at $15.8 in 30 days. As returns on market increase, returns on owning 14074716 are expected to decrease at a much smaller rate. During bear market, 14074716 is likely to outperform the market.

14074716 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 14074716 and equity matching DJI index in the same portfolio.
Check also Trending Equities. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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