23090023 (Ireland) Risk Analysis And Volatility Evaluation |
| 23090023 -- Ireland Fund | GBP 110.12 1.11 1.00% |
Our way in which we are foreseeing 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 23090023 which you can use to evaluate future volatility of the entity. Please confirm 23090023 Standard Deviation of 0.6686, Market Risk Adjusted Performance of 0.2402 and Coefficient Of Variation of 33236.21 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
| Time Horizon | 30 Days Login to change |
23090023 Market Sensitivity
| As returns on market increase, returns on owning 23090023 are expected to decrease at a much smaller rate. During bear market, 23090023 is likely to outperform the market.One Month Beta |Analyze 23090023 Demand TrendCheck current 30 days 23090023 correlation with market (DOW) β = -0.0347 |   |
23090023 Technical Analysis
Transformation |
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Projected Return Density Against Market
Assuming 30 trading days horizon, 23090023 has beta of -0.0347 . This suggests as returns on benchmark increase, returns on holding 23090023 are expected to decrease at a much smaller rate. During bear market, however, 23090023 is likely to outperform the market. Additionally, 23090023 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 |
Actual Return Volatility
23090023 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5992% risk (volatility on return distribution) over the 30 days horizon.Crypto Portfolio OptimizerOptimize portfolio of digital coins and token across multiple currency and exchanges |
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Investment Outlook
23090023 Investment Opportunity
DOW has a standard deviation of returns of 0.6 and is 9.223372036854776E16 times more volatile than 23090023. 0% of all equities and portfolios are less risky than 23090023. Compared to the overall equity markets, volatility of historical daily returns of 23090023 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 23090023 to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of 23090023 to be traded at £107.92 in 30 days. As returns on market increase, returns on owning 23090023 are expected to decrease at a much smaller rate. During bear market, 23090023 is likely to outperform the market.
23090023 correlation with market
Good diversificationOverlapping area represents the amount of risk that can be diversified away by holding 23090023 and equity matching DJI index in the same portfolio.
23090023 Current Risk Indicators
| Risk Adjusted Performance | 0.0028 | ||
| Market Risk Adjusted Performance | 0.2402 | ||
| Mean Deviation | 0.4024 | ||
| Coefficient Of Variation | 33236.21 | ||
| Standard Deviation | 0.6686 | ||
| Variance | 0.4471 | ||
| Information Ratio | 0.21 |
23090023 Suggested Diversification Pairs
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