2142762 (Ireland) Risk Analysis And Volatility Evaluation

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 2142762 which you can use to evaluate future volatility of the entity. Please confirm 2142762 Standard Deviation of 2.48, Market Risk Adjusted Performance of 11.46 and Coefficient Of Variation of 223.61 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

2142762 Market Sensitivity

As returns on market increase, returns on owning 2142762 are expected to decrease at a much smaller rate. During bear market, 2142762 is likely to outperform the market.
One Month Beta |Analyze 2142762 Demand Trend
Check current 30 days 2142762 correlation with market (DOW)
β = -0.0977
2142762 Almost negative beta2142762 Beta Legend

2142762 Technical Analysis

Transformation
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2142762 Projected Return Density Against Market

Assuming 30 trading days horizon, 2142762 has beta of -0.0977 . This suggests as returns on benchmark increase, returns on holding 2142762 are expected to decrease at a much smaller rate. During bear market, however, 2142762 is likely to outperform the market. Additionally, 2142762 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
=1.14
β
Beta against DOW=0.1
σ
Overall volatility
=0.00
Ir
Information ratio =0.38

2142762 Return Volatility

2142762 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

2142762 Investment Opportunity

DOW has a standard deviation of returns of 1.09 and is 9.223372036854776E16 times more volatile than 2142762. 0% of all equities and portfolios are less risky than 2142762. Compared to the overall equity markets, volatility of historical daily returns of 2142762 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 2142762 to protect against small markets fluctuations. The fund experiences very speculative upward sentiment.. Check odds of 2142762 to be traded at €0.0 in 30 days. As returns on market increase, returns on owning 2142762 are expected to decrease at a much smaller rate. During bear market, 2142762 is likely to outperform the market.

2142762 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 2142762 and equity matching DJI index in the same portfolio.
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