2700247 (Ireland) Risk Analysis And Volatility Evaluation

2700247 -- Ireland Fund  

USD 1.98  0.10  5.32%

We consider 2700247 unknown risk. 2700247 retains Efficiency (Sharpe Ratio) of 0.0136 which signifies that 2700247 had 0.0136% of return per unit of price deviation over the last 1 month. Our way in which we are 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 2700247 which you can use to evaluate future volatility of the entity. Please confirm 2700247 to double-check if risk estimate we provide are consistent with the epected return of 0.0448%.
 Time Horizon     30 Days    Login   to change

2700247 Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, 2700247 has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and 2700247 are completely uncorrelated. Furthermore, 2700247It does not look like 2700247 alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of 2700247 is 7326.63. The daily returns are destributed with a variance of 10.76 and standard deviation of 3.28. The mean deviation of 2700247 is currently at 1.76. 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
=3.28
Ir
Information ratio =0.00

Actual Return Volatility

2700247 accepts 3.2799% 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

2700247 Investment Opportunity
2700247 has a volatility of 3.28 and is 5.96 times more volatile than DOW. 29% of all equities and portfolios are less risky than 2700247. Compared to the overall equity markets, volatility of historical daily returns of 2700247 is lower than 29 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

2700247 Current Risk Indicators
Check also Trending Equities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.