21744563 (Ireland) Risk Analysis And Volatility Evaluation

21744563 -- Ireland Fund  

EUR 1.26  0.02  1.61%

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 21744563 which you can use to evaluate future volatility of the entity. Please confirm 21744563 Standard Deviation of 1.18, Market Risk Adjusted Performance of 0.0053 and Coefficient Of Variation of 18464.48 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

21744563 Market Sensitivity

As returns on market increase, 21744563 returns are expected to increase less than the market. However during bear market, the loss on holding 21744563 will be expected to be smaller as well.
One Month Beta |Analyze 21744563 Demand Trend
Check current 30 days 21744563 correlation with market (DOW)
β = 0.7612
21744563 Small Beta21744563 Beta Legend

21744563 Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

21744563 Projected Return Density Against Market

Assuming 30 trading days horizon, 21744563 has beta of 0.7612 . This suggests as returns on market go up, 21744563 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 21744563 will be expected to be much smaller as well. Additionally, 21744563 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
=0.13
β
Beta against DOW=0.76
σ
Overall volatility
=0.00
Ir
Information ratio =0.14

21744563 Return Volatility

21744563 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

21744563 Investment Opportunity

DOW has a standard deviation of returns of 0.45 and is 9.223372036854776E16 times more volatile than 21744563. 0% of all equities and portfolios are less risky than 21744563. Compared to the overall equity markets, volatility of historical daily returns of 21744563 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 21744563 to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of 21744563 to be traded at €1.386 in 30 days. As returns on market increase, 21744563 returns are expected to increase less than the market. However during bear market, the loss on holding 21744563 will be expected to be smaller as well.

21744563 correlation with market

Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding 21744563 and equity matching DJI index in the same portfolio.

21744563 Volatility Indicators

21744563 Current Risk Indicators

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