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 Trend
Check current 30 days 23090023 correlation with market (DOW)
β = -0.0347
23090023 Almost negative beta23090023 Beta Legend

23090023 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.

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 
      Returns 
α
Alpha over DOW
=0.0035
β
Beta against DOW=0.03
σ
Overall volatility
=0.00
Ir
Information ratio =0.21

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.
 Performance (%) 
      Timeline 

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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 diversification
Overlapping area represents the amount of risk that can be diversified away by holding 23090023 and equity matching DJI index in the same portfolio.
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