24202689 (Ireland) Risk Analysis And Volatility Evaluation

24202689 -- Ireland Fund  

GBP 0.77  0.03  4.05%

Our way in which we are foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for 24202689 which you can use to evaluate future volatility of the entity. Please confirm 24202689 Standard Deviation of 3.0, Market Risk Adjusted Performance of 4.12 and Coefficient Of Variation of 427.79 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

24202689 Market Sensitivity

As returns on market increase, returns on owning 24202689 are expected to decrease at a much smaller rate. During bear market, 24202689 is likely to outperform the market.
One Month Beta |Analyze 24202689 Demand Trend
Check current 30 days 24202689 correlation with market (DOW)
β = -0.1677
24202689 Almost negative beta24202689 Beta Legend

24202689 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.

24202689 Projected Return Density Against Market

Assuming 30 trading days horizon, 24202689 has beta of -0.1677 . This suggests as returns on benchmark increase, returns on holding 24202689 are expected to decrease at a much smaller rate. During bear market, however, 24202689 is likely to outperform the market. Moreover, 24202689 has an alpha of 0.6754 implying that it can potentially generate 0.6754% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.68
β
Beta against DOW=0.17
σ
Overall volatility
=0.00
Ir
Information ratio =0.26

24202689 Return Volatility

24202689 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0678% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

24202689 Investment Opportunity

DOW has a standard deviation of returns of 1.07 and is 9.223372036854776E16 times more volatile than 24202689. 0% of all equities and portfolios are less risky than 24202689. Compared to the overall equity markets, volatility of historical daily returns of 24202689 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 24202689 to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of 24202689 to be traded at £0.9625 in 30 days. As returns on market increase, returns on owning 24202689 are expected to decrease at a much smaller rate. During bear market, 24202689 is likely to outperform the market.

24202689 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 24202689 and equity matching DJI index in the same portfolio.

24202689 Volatility Indicators

24202689 Current Risk Indicators

Check also Trending Equities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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