1793043 (Ireland) Risk Analysis And Volatility Evaluation

1793043 -- Ireland Fund  

EUR 130.58  10.96  9.16%

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 1793043 which you can use to evaluate future volatility of the entity. Please confirm 1793043 Standard Deviation of 5.08, Market Risk Adjusted Performance of 0.34 and Coefficient Of Variation of 973.72 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

1793043 Market Sensitivity

As returns on market increase, returns on owning 1793043 are expected to decrease by larger amounts. On the other hand, during market turmoil, 1793043 is expected to significantly outperform it.
One Month Beta |Analyze 1793043 Demand Trend
Check current 30 days 1793043 correlation with market (DOW)
β = -1.4463
1793043 Large Negative Beta1793043 Beta Legend

1793043 Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, 1793043 has beta of -1.4463 . This suggests as returns on its benchmark rise, returns on holding 1793043 are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, 1793043 is expected to outperform its benchmark. Moreover, 1793043 has an alpha of 0.6558 implying that it can potentially generate 0.6558% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.66
β
Beta against DOW=1.45
σ
Overall volatility
=0.00
Ir
Information ratio =0.08

Actual Return Volatility

1793043 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5516% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

1793043 Investment Opportunity
DOW has a standard deviation of returns of 0.55 and is 9.223372036854776E16 times more volatile than 1793043. 0% of all equities and portfolios are less risky than 1793043. Compared to the overall equity markets, volatility of historical daily returns of 1793043 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 1793043 to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of 1793043 to be traded at €163.23 in 30 days. As returns on market increase, returns on owning 1793043 are expected to decrease by larger amounts. On the other hand, during market turmoil, 1793043 is expected to significantly outperform it.

1793043 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 1793043 and equity matching DJI index in the same portfolio.
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