21046252 (Ireland) Risk Analysis And Volatility Evaluation

21046252 -- Ireland Fund  

EUR 5.17  0.15  2.99%

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 21046252 which you can use to evaluate future volatility of the entity. Please confirm 21046252 Standard Deviation of 2.15, Market Risk Adjusted Performance of 0.027307 and Coefficient Of Variation of 9922.82 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

21046252 Market Sensitivity

As returns on market increase, returns on owning 21046252 are expected to decrease at a much smaller rate. During bear market, 21046252 is likely to outperform the market.
One Month Beta |Analyze 21046252 Demand Trend
Check current 30 days 21046252 correlation with market (DOW)
β = -0.3129
21046252 Almost negative beta21046252 Beta Legend

21046252 Technical Analysis

Transformation
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21046252 Projected Return Density Against Market

Assuming 30 trading days horizon, 21046252 has beta of -0.3129 . This suggests as returns on benchmark increase, returns on holding 21046252 are expected to decrease at a much smaller rate. During bear market, however, 21046252 is likely to outperform the market. Moreover, 21046252 has an alpha of 0.0636 implying that it can potentially generate 0.0636% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.06
β
Beta against DOW=0.31
σ
Overall volatility
=0.00
Ir
Information ratio =0.07

21046252 Return Volatility

21046252 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

21046252 Investment Opportunity

DOW has a standard deviation of returns of 0.45 and is 9.223372036854776E16 times more volatile than 21046252. 0% of all equities and portfolios are less risky than 21046252. Compared to the overall equity markets, volatility of historical daily returns of 21046252 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 21046252 to enhance returns of your portfolios. The fund experiences unexpected upward trend. Watch out for market signals. Check odds of 21046252 to be traded at €6.2 in 30 days. As returns on market increase, returns on owning 21046252 are expected to decrease at a much smaller rate. During bear market, 21046252 is likely to outperform the market.

21046252 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 21046252 and equity matching DJI index in the same portfolio.

21046252 Volatility Indicators

21046252 Current Risk Indicators

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