POL GLB (Ireland) Risk Analysis And Volatility Evaluation

19897176 -- Ireland Fund  

EUR 11.98  0.64  5.64%

Our approach towards forecasting 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 POL GLB ALPH which you can use to evaluate future volatility of the fund. Please check POL GLB ALPH Risk Adjusted Performance of 0.08 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

POL GLB Market Sensitivity

As returns on market increase, POL GLB returns are expected to increase less than the market. However during bear market, the loss on holding POL GLB will be expected to be smaller as well.
One Month Beta |Analyze POL GLB ALPH Demand Trend
Check current 30 days POL GLB correlation with market (DOW)
β = 0.2557
POL GLB Small BetaPOL GLB ALPH Beta Legend

POL GLB ALPH Technical Analysis

Transformation
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POL GLB Projected Return Density Against Market

Assuming 30 trading days horizon, POL GLB has beta of 0.2557 . This suggests as returns on market go up, POL GLB average returns are expected to increase less than the benchmark. However during bear market, the loss on holding POL GLB ALPH EUR R will be expected to be much smaller as well. Additionally, POL GLB ALPH EUR R 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
=0.19
β
Beta against DOW=0.26
σ
Overall volatility
=0.00
Ir
Information ratio =0.03

POL GLB Return Volatility

POL GLB ALPH EUR R accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% 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 1.05 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 enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of POL GLB to be traded at €14.98 in 30 days. As returns on market increase, POL GLB returns are expected to increase less than the market. However during bear market, the loss on holding POL GLB will be expected to be smaller as well.

POL GLB correlation with market

Average 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.

POL GLB Volatility Indicators

POL GLB ALPH EUR R Current Risk Indicators

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