NB EM (Ireland) Risk Analysis And Volatility Evaluation

24993596 -- Ireland Fund  

USD 7.68  0.63  7.58%

Our way in which we are estimating 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 NB EM which you can use to evaluate future volatility of the entity. Please verify NB EM LOC USD I2 AC Standard Deviation of 5.4, Market Risk Adjusted Performance of 0.2045 and Mean Deviation of 3.37 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

NB EM Market Sensitivity

As returns on market increase, NB EM returns are expected to increase less than the market. However during bear market, the loss on holding NB EM will be expected to be smaller as well.
2 Months Beta |Analyze NB EM LOC Demand Trend
Check current 30 days NB EM correlation with market (DOW)
β = 0.6631

NB EM Central Daily Price Deviation

NB EM LOC 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.

NB EM Projected Return Density Against Market

Assuming 30 trading days horizon, NB EM has beta of 0.6631 . This suggests as returns on market go up, NB EM average returns are expected to increase less than the benchmark. However during bear market, the loss on holding NB EM LOC USD I2 AC will be expected to be much smaller as well. Moreover, NB EM LOC USD I2 AC has an alpha of 0.2057 implying that it can potentially generate 0.2057% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.21
β
Beta against DOW=0.66
σ
Overall volatility
=0.00
Ir
Information ratio =0.0454

NB EM Return Volatility

NB EM LOC USD I2 AC accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2919% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Did you try this?

Run Commodity Channel Index Now

   

Commodity Channel Index

Use Commodity Channel Index to analyze current equity momentum
All  Next Launch Commodity Channel Index

Investment Outlook

NB EM Investment Opportunity

DOW has a standard deviation of returns of 1.29 and is 9.223372036854776E16 times more volatile than NB EM LOC USD I2 AC. 0% of all equities and portfolios are less risky than NB EM. Compared to the overall equity markets, volatility of historical daily returns of NB EM LOC USD I2 AC is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use NB EM LOC USD I2 AC to protect against small markets fluctuations. The fund experiences very speculative upward sentiment.. Check odds of NB EM to be traded at $7.3 in 30 days. As returns on market increase, NB EM returns are expected to increase less than the market. However during bear market, the loss on holding NB EM will be expected to be smaller as well.

NB EM correlation with market

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding NB EM LOC USD I2 AC and equity matching DJI index in the same portfolio.

NB EM Volatility Indicators

NB EM LOC USD I2 AC Current Risk Indicators

Check also Trending Equities. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Search macroaxis.com