2700247 (Ireland) Risk Analysis And Volatility Evaluation

2700247 -- Ireland Fund  

USD 1.98  0.004  0.20%

Macroaxis considers 2700247 to be unknown risk. 2700247 retains Efficiency (Sharpe Ratio) of -0.5 which signifies that 2700247 had -0.5% of return per unit of price deviation over the last 2 months. 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. 2700247 exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm 2700247 Standard Deviation of 1.12, Market Risk Adjusted Performance of 0.045 and Coefficient Of Variation of 18320.18 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

2700247 Market Sensitivity

As returns on market increase, returns on owning 2700247 are expected to decrease at a much smaller rate. During bear market, 2700247 is likely to outperform the market.
2 Months Beta |Analyze 2700247 Demand Trend
Check current 30 days 2700247 correlation with market (DOW)
β = -0.1114

2700247 Central Daily Price Deviation

2700247 Technical Analysis

Transformation
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2700247 Projected Return Density Against Market

Assuming 30 trading days horizon, 2700247 has beta of -0.1114 . This suggests as returns on benchmark increase, returns on holding 2700247 are expected to decrease at a much smaller rate. During bear market, however, 2700247 is likely to outperform the market. Additionally, 2700247 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of 2700247 is -200.0. The daily returns are destributed with a variance of 0.01 and standard deviation of 0.1. The mean deviation of 2700247 is currently at 0.08. For similar time horizon, the selected benchmark (DOW) has volatility of 1.27
α
Alpha over DOW
=0.0088
β
Beta against DOW=0.11
σ
Overall volatility
=0.10
Ir
Information ratio =0.0357

2700247 Return Volatility

2700247 accepts 0.101% volatility on return distribution over the 30 days horizon. DOW inherits 1.3014% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

2700247 Investment Opportunity

DOW has a standard deviation of returns of 1.3 and is 13.0 times more volatile than 2700247. 0% 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 0 (%) of all global equities and portfolios over the last 30 days. Use 2700247 to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of 2700247 to be traded at $2.08 in 30 days. As returns on market increase, returns on owning 2700247 are expected to decrease at a much smaller rate. During bear market, 2700247 is likely to outperform the market.

2700247 correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 2700247 and equity matching DJI index in the same portfolio.

2700247 Volatility Indicators

2700247 Current Risk Indicators

Check also Trending Equities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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