20590166 (Ireland) Risk Analysis And Volatility Evaluation

20590166 -- Ireland Fund  

EUR 11.65  0.31  2.73%

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 20590166 which you can use to evaluate future volatility of the entity. Please confirm 20590166 Standard Deviation of 1.55, Market Risk Adjusted Performance of 0.5397 and Coefficient Of Variation of 1,396 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

20590166 Market Sensitivity

As returns on market increase, returns on owning 20590166 are expected to decrease at a much smaller rate. During bear market, 20590166 is likely to outperform the market.
One Month Beta |Analyze 20590166 Demand Trend
Check current 30 days 20590166 correlation with market (DOW)
β = -0.2285
20590166 Almost negative beta20590166 Beta Legend

20590166 Technical Analysis

Transformation
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20590166 Projected Return Density Against Market

Assuming 30 trading days horizon, 20590166 has beta of -0.2285 . This suggests as returns on benchmark increase, returns on holding 20590166 are expected to decrease at a much smaller rate. During bear market, however, 20590166 is likely to outperform the market. Additionally, 20590166 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
=0.16
β
Beta against DOW=0.23
σ
Overall volatility
=0.00
Ir
Information ratio =0.0334

20590166 Return Volatility

20590166 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0404% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Fundamentals Matrix

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Investment Outlook

20590166 Investment Opportunity

DOW has a standard deviation of returns of 1.04 and is 9.223372036854776E16 times more volatile than 20590166. 0% of all equities and portfolios are less risky than 20590166. Compared to the overall equity markets, volatility of historical daily returns of 20590166 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 20590166 to enhance returns of your portfolios. The fund experiences unexpected upward trend. Watch out for market signals. Check odds of 20590166 to be traded at €13.98 in 30 days. As returns on market increase, returns on owning 20590166 are expected to decrease at a much smaller rate. During bear market, 20590166 is likely to outperform the market.

20590166 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 20590166 and equity matching DJI index in the same portfolio.

20590166 Volatility Indicators

20590166 Current Risk Indicators

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