24478280 (Ireland) Risk Analysis And Volatility Evaluation

24478280 -- Ireland Fund  

USD 9.95  0.17  1.68%

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 24478280 which you can use to evaluate future volatility of the entity. Please confirm 24478280 Standard Deviation of 0.9056, Market Risk Adjusted Performance of 0.023386 and Coefficient Of Variation of 23138.99 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

24478280 Market Sensitivity

As returns on market increase, 24478280 returns are expected to increase less than the market. However during bear market, the loss on holding 24478280 will be expected to be smaller as well.
One Month Beta |Analyze 24478280 Demand Trend
Check current 30 days 24478280 correlation with market (DOW)
β = 0.1823
24478280 Small Beta24478280 Beta Legend

24478280 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.

24478280 Projected Return Density Against Market

Assuming 30 trading days horizon, 24478280 has beta of 0.1823 . This suggests as returns on market go up, 24478280 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 24478280 will be expected to be much smaller as well. Moreover, 24478280 has an alpha of 0.0275 implying that it can potentially generate 0.0275% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0275
β
Beta against DOW=0.18
σ
Overall volatility
=0.00
Ir
Information ratio =0.20

24478280 Return Volatility

24478280 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

24478280 Investment Opportunity

DOW has a standard deviation of returns of 1.06 and is 9.223372036854776E16 times more volatile than 24478280. 0% of all equities and portfolios are less risky than 24478280. Compared to the overall equity markets, volatility of historical daily returns of 24478280 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 24478280 to protect against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of 24478280 to be traded at $9.65 in 30 days. As returns on market increase, 24478280 returns are expected to increase less than the market. However during bear market, the loss on holding 24478280 will be expected to be smaller as well.

24478280 correlation with market

Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding 24478280 and equity matching DJI index in the same portfolio.

24478280 Volatility Indicators

24478280 Current Risk Indicators

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