POL GLB (Ireland) Risk Analysis And Volatility Evaluation

Our approach towards forecasting 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 POL GLB ALPH which you can use to evaluate future volatility of the fund. Please check POL GLB ALPH Risk Adjusted Performance of 0.0148 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

POL GLB Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, POL GLB will likely underperform.
One Month Beta |Analyze POL GLB ALPH Demand Trend
Check current 30 days POL GLB correlation with market (DOW)
β = 1.8865
POL GLB Large BetaPOL GLB ALPH Beta Legend

POL GLB ALPH Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, the fund has beta coefficient of 1.8865 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, POL GLB will likely underperform. Moreover, POL GLB ALPH EUR R has an alpha of 0.0336 implying that it can potentially generate 0.0336% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0336
β
Beta against DOW=1.89
σ
Overall volatility
=0.00
Ir
Information ratio =0.011

Actual Return Volatility

POL GLB ALPH EUR R accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4461% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

POL GLB Investment Opportunity
DOW has a standard deviation of returns of 0.45 and is 9.223372036854776E16 times more volatile than POL GLB ALPH EUR R. 0% of all equities and portfolios are less risky than POL GLB. Compared to the overall equity markets, volatility of historical daily returns of POL GLB ALPH EUR R is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use POL GLB ALPH EUR R to protect against small markets fluctuations. The fund experiences very speculative upward sentiment.. Check odds of POL GLB to be traded at €0.0 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, POL GLB will likely underperform.

POL GLB correlation with market

Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding POL GLB ALPH EUR R and equity matching DJI index in the same portfolio.
Check also Trending Equities. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.