2116411 (Ireland) Risk Analysis And Volatility Evaluation

2116411 -- Ireland Fund  

CHF 127.79  5.56  4.17%

Macroaxis considers 2116411 to be unknown risk. 2116411 retains Efficiency (Sharpe Ratio) of -0.5 which signifies that 2116411 had -0.5% of return per unit of price deviation over the last 1 month. Macroaxis way in which we are foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. 2116411 exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm 2116411 to double-check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

2116411 Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, 2116411 has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and 2116411 are completely uncorrelated. Furthermore, 2116411It does not look like 2116411 alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of 2116411 is -200.0. The daily returns are destributed with a variance of 4.35 and standard deviation of 2.08. The mean deviation of 2116411 is currently at 1.56. For similar time horizon, the selected benchmark (DOW) has volatility of 0.54
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=2.08
Ir
Information ratio =0.00

Actual Return Volatility

2116411 accepts 2.0848% volatility on return distribution over the 30 days horizon. DOW inherits 0.6549% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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2116411 Investment Opportunity

2116411 has a volatility of 2.08 and is 3.2 times more volatile than DOW. 19% of all equities and portfolios are less risky than 2116411. Compared to the overall equity markets, volatility of historical daily returns of 2116411 is lower than 19 (%) of all global equities and portfolios over the last 30 days.
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