ALPHANATICS CHFUR (Ireland) Risk Analysis And Volatility Evaluation

2338346 -- Ireland Fund  

CHF 132.24  1.44  1.10%

We consider ALPHANATICS CHFUR not too risky. ALPHANATICS CHFUR secures Sharpe Ratio (or Efficiency) of 0.0033 which signifies that ALPHANATICS CHFUR had 0.0033% of return per unit of risk over the last 1 month. Our philosophy towards 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 ALPHANATICS CHFUR which you can use to evaluate future volatility of the entity. Please confirm ALPHANATICS CHFUR to double-check if risk estimate we provide are consistent with the epected return of 0.0024%.
 Time Horizon     30 Days    Login   to change

ALPHANATICS CHFUR Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. ALPHANATICS CHFUR Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Assuming 30 trading days horizon, ALPHANATICS CHFUR has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and ALPHANATICS CHFUR are completely uncorrelated. Furthermore, ALPHANATICS CHFURIt does not look like ALPHANATICS CHFUR alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of ALPHANATICS CHFUR is 30414.16. The daily returns are destributed with a variance of 0.53 and standard deviation of 0.73. The mean deviation of ALPHANATICS CHFUR is currently at 0.44. For similar time horizon, the selected benchmark (DOW) has volatility of 0.61
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.73
Ir
Information ratio =0.00

Actual Return Volatility

ALPHANATICS CHFUR accepts 0.7299% volatility on return distribution over the 30 days horizon. DOW inherits 0.6284% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

ALPHANATICS CHFUR Investment Opportunity
ALPHANATICS CHFUR has a volatility of 0.73 and is 1.16 times more volatile than DOW. 6% of all equities and portfolios are less risky than ALPHANATICS CHFUR. Compared to the overall equity markets, volatility of historical daily returns of ALPHANATICS CHFUR is lower than 6 (%) of all global equities and portfolios over the last 30 days.

ALPHANATICS CHFUR Current Risk Indicators

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