2700247 (Ireland) Risk Analysis And Volatility

2700247 -- Ireland Fund  

USD 1.98  0.10  5.35%

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 2700247 which you can use to evaluate future volatility of the entity. Please confirm 2700247 Market Risk Adjusted Performance of (0.68), Coefficient Of Variation of 1083.3 and Standard Deviation of 1.38 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
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 = -0.1691

2700247 Central Daily Price Deviation

2700247 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.

2700247 Projected Return Density Against Market

Assuming 30 trading days horizon, 2700247 has beta of -0.1691 . 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. Moreover, The company has an alpha of 0.1155 implying that it can potentially generate 0.1155% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of 2700247 is 0.0. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of 2700247 is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 0.66
α
Alpha over DOW
=0.12
β
Beta against DOW=0.17
σ
Overall volatility
=0.00
Ir
Information ratio =0.09

2700247 Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6669% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

2700247 Investment Opportunity

DOW has a standard deviation of returns of 0.67 and is 9.223372036854776E16 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 very speculative upward sentiment. . Check odds of 2700247 to be traded at $2.48 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 Current Risk Indicators

2700247 Suggested Diversification Pairs

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