23845134 (Ireland) Risk Analysis And Volatility Evaluation

23845134 -- Ireland Fund  

GBP 11.79  1.17  9.03%

Macroaxis considers 23845134 to be unknown risk. 23845134 retains Efficiency (Sharpe Ratio) of -0.1039 which signifies that 23845134 had -0.1039% of return per unit of price deviation over the last 1 month. Macroaxis way in which we are foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. 23845134 exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm 23845134 to double-check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

23845134 Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, 23845134 has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and 23845134 are completely uncorrelated. Furthermore, 23845134It does not look like 23845134 alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of 23845134 is -962.14. The daily returns are destributed with a variance of 48.47 and standard deviation of 6.96. The mean deviation of 23845134 is currently at 4.98. For similar time horizon, the selected benchmark (DOW) has volatility of 0.49
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=6.96
Ir
Information ratio =0.00

Actual Return Volatility

23845134 accepts 6.962% volatility on return distribution over the 30 days horizon. DOW inherits 0.5525% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

23845134 Investment Opportunity
23845134 has a volatility of 6.96 and is 12.65 times more volatile than DOW. 63% of all equities and portfolios are less risky than 23845134. Compared to the overall equity markets, volatility of historical daily returns of 23845134 is higher than 63 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

23845134 Current Risk Indicators
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