2022431 (Ireland) Risk Analysis And Volatility Evaluation

2022431 -- Ireland Fund  

EUR 12.88  0.83  6.89%

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 2022431 which you can use to evaluate future volatility of the entity. Please confirm 2022431 Standard Deviation of 3.82, Market Risk Adjusted Performance of 0.6532 and Coefficient Of Variation of 520.43 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

2022431 Market Sensitivity

2022431 returns are very sensitive to returns on the market. As market goes up or down, 2022431 is expected to follow.
One Month Beta |Analyze 2022431 Demand Trend
Check current 30 days 2022431 correlation with market (DOW)
β = 1.1244
2022431 llmost one Beta2022431 Beta Legend

2022431 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, the fund has beta coefficient of 1.1244 . This suggests 2022431 market returns are very sensitive to returns on the market. As the market benchmark goes up or down, 2022431 is expected to follow. Moreover, 2022431 has an alpha of 0.5569 implying that it can potentially generate 0.5569% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.56
β
Beta against DOW=1.12
σ
Overall volatility
=0.00
Ir
Information ratio =0.15

Actual Return Volatility

2022431 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5977% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

2022431 Investment Opportunity
DOW has a standard deviation of returns of 0.6 and is 9.223372036854776E16 times more volatile than 2022431. 0% of all equities and portfolios are less risky than 2022431. Compared to the overall equity markets, volatility of historical daily returns of 2022431 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 2022431 to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of 2022431 to be traded at €16.1 in 30 days. 2022431 returns are very sensitive to returns on the market. As market goes up or down, 2022431 is expected to follow.

2022431 correlation with market

Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding 2022431 and equity matching DJI index in the same portfolio.
Check also Trending Equities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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