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 fund 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 4.7, Market Risk Adjusted Performance of 0.87 and Coefficient Of Variation of 858.53 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

2022431 Market Sensitivity

As returns on market increase, returns on owning 2022431 are expected to decrease at a much smaller rate. During bear market, 2022431 is likely to outperform the market.
One Month Beta |Analyze 2022431 Demand Trend
Check current 30 days 2022431 correlation with market (DOW)
β = -0.61
2022431 Almost negative beta2022431 Beta Legend

2022431 Technical Analysis

Transformation
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2022431 Projected Return Density Against Market

Assuming 30 trading days horizon, 2022431 has beta of -0.61 . This suggests as returns on benchmark increase, returns on holding 2022431 are expected to decrease at a much smaller rate. During bear market, however, 2022431 is likely to outperform the market. Moreover, 2022431 has an alpha of 0.6287 implying that it can potentially generate 0.6287% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.63
β
Beta against DOW=0.61
σ
Overall volatility
=0.00
Ir
Information ratio =0.08

2022431 Return Volatility

2022431 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4541% 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 0.45 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. As returns on market increase, returns on owning 2022431 are expected to decrease at a much smaller rate. During bear market, 2022431 is likely to outperform the market.

2022431 correlation with market

Good 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.

2022431 Volatility Indicators

2022431 Current Risk Indicators

Check also Trending Equities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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