ACL ALT (Ireland) Risk Analysis And Volatility Evaluation

1409481 -- Ireland Fund  

USD 298.64  11.16  3.60%

We consider ACL ALT unknown risk. ACL ALT FUND secures Sharpe Ratio (or Efficiency) of 0.0097 which signifies that ACL ALT FUND had 0.0097% of return per unit of return volatility over the last 1 month. Our approach into 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 ACL ALT FUND USD A which you can use to evaluate future volatility of the entity. Please confirm ACL ALT FUND to double-check if risk estimate we provide are consistent with the epected return of 0.0224%.
 Time Horizon     30 Days    Login   to change

ACL ALT FUND 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, ACL ALT has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and ACL ALT are completely uncorrelated. Furthermore, ACL ALT FUND USD AIt does not look like ACL ALT alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of ACL ALT is 10346.74. The daily returns are destributed with a variance of 5.39 and standard deviation of 2.32. The mean deviation of ACL ALT FUND USD A is currently at 1.24. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=2.32
Ir
Information ratio =0.00

Actual Return Volatility

ACL ALT FUND USD A accepts 2.3211% 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

ACL ALT Investment Opportunity
ACL ALT FUND USD A has a volatility of 2.32 and is 4.0 times more volatile than DOW. 21% of all equities and portfolios are less risky than ACL ALT. Compared to the overall equity markets, volatility of historical daily returns of ACL ALT FUND USD A is lower than 21 (%) of all global equities and portfolios over the last 30 days.
Check also Trending Equities. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
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