GLG MAN (Ireland) Risk Analysis And Volatility Evaluation

22480604 -- Ireland Fund  

USD 94.37  2.80  3.06%

Our approach to determining volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for GLG MAN DNHUSD which you can use to evaluate future volatility of the entity. Please check out GLG MAN Market Risk Adjusted Performance of 0.018069 and Risk Adjusted Performance of 0.0127 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

GLG MAN Market Sensitivity

As returns on market increase, returns on owning GLG MAN are expected to decrease at a much smaller rate. During bear market, GLG MAN is likely to outperform the market.
One Month Beta |Analyze GLG MAN DNHUSD Demand Trend
Check current 30 days GLG MAN correlation with market (DOW)
β = -0.362
GLG MAN Almost negative betaGLG MAN DNHUSD Beta Legend

GLG MAN DNHUSD Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, GLG MAN DNHUSD has beta of -0.362 . This suggests as returns on benchmark increase, returns on holding GLG MAN are expected to decrease at a much smaller rate. During bear market, however, GLG MAN DNHUSD is likely to outperform the market. Moreover, GLG MAN DNHUSD has an alpha of 0.0463 implying that it can potentially generate 0.0463% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0463
β
Beta against DOW=0.36
σ
Overall volatility
=0.00
Ir
Information ratio =0.04

Actual Return Volatility

GLG MAN DNHUSD accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5519% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

GLG MAN Investment Opportunity
DOW has a standard deviation of returns of 0.55 and is 9.223372036854776E16 times more volatile than GLG MAN DNHUSD. 0% of all equities and portfolios are less risky than GLG MAN. Compared to the overall equity markets, volatility of historical daily returns of GLG MAN DNHUSD is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use GLG MAN DNHUSD to enhance returns of your portfolios. The fund experiences unexpected upward trend. Watch out for market signals. Check odds of GLG MAN to be traded at $113.24 in 30 days. As returns on market increase, returns on owning GLG MAN are expected to decrease at a much smaller rate. During bear market, GLG MAN is likely to outperform the market.

GLG MAN correlation with market

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

Volatility Indicators

GLG MAN Current Risk Indicators
Check also Trending Equities. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.