BNY EUROBD (Ireland) Risk Analysis And Volatility

14107349 -- Ireland Fund  

EUR 1.28  0.0339  2.58%

Our approach towards 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 BNY EUROBD EUR B which you can use to evaluate future volatility of the entity. Please confirm BNY EUROBD EUR Mean Deviation of 1.12 and Risk Adjusted Performance of 0.0112 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

BNY EUROBD Market Sensitivity

As returns on market increase, BNY EUROBD returns are expected to increase less than the market. However during bear market, the loss on holding BNY EUROBD will be expected to be smaller as well.
2 Months Beta |Analyze BNY EUROBD EUR Demand Trend
Check current 30 days BNY EUROBD correlation with market (DOW)
β = 0.1244

BNY EUROBD Central Daily Price Deviation

BNY EUROBD EUR Technical Analysis

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BNY EUROBD Projected Return Density Against Market

Assuming 30 trading days horizon, BNY EUROBD has beta of 0.1244 . This suggests as returns on market go up, BNY EUROBD average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BNY EUROBD EUR B will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. BNY EUROBD EUR is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.02
β
Beta against DOW=0.12
σ
Overall volatility
=0.00
Ir
Information ratio =0.1

BNY EUROBD Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6894% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

BNY EUROBD Investment Opportunity

DOW has a standard deviation of returns of 0.69 and is 9.223372036854776E16 times more volatile than BNY EUROBD EUR B. 0% of all equities and portfolios are less risky than BNY EUROBD. Compared to the overall equity markets, volatility of historical daily returns of BNY EUROBD EUR B is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use BNY EUROBD EUR B to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of BNY EUROBD to be traded at €1.2288 in 30 days. . As returns on market increase, BNY EUROBD returns are expected to increase less than the market. However during bear market, the loss on holding BNY EUROBD will be expected to be smaller as well.

BNY EUROBD correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding BNY EUROBD EUR B and equity matching DJI index in the same portfolio.

BNY EUROBD Volatility Indicators

BNY EUROBD EUR B Current Risk Indicators

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