PRIN GBL (Ireland) Risk Analysis And Volatility Evaluation

28284865 -- Ireland Fund  

JPY 1,188  0.00  0.00%

Our approach towards forecasting 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 PRIN GBL PRO which you can use to evaluate future volatility of the fund. Please check PRIN GBL PRO Risk Adjusted Performance of 0.09 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

PRIN GBL Market Sensitivity

As returns on market increase, returns on owning PRIN GBL are expected to decrease at a much smaller rate. During bear market, PRIN GBL is likely to outperform the market.
One Month Beta |Analyze PRIN GBL PRO Demand Trend
Check current 30 days PRIN GBL correlation with market (DOW)
β = -0.1239
PRIN GBL Almost negative betaPRIN GBL PRO Beta Legend

PRIN GBL PRO Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, PRIN GBL PRO JPY I has beta of -0.1239 . This suggests as returns on benchmark increase, returns on holding PRIN GBL are expected to decrease at a much smaller rate. During bear market, however, PRIN GBL PRO JPY I is likely to outperform the market. Additionally, PRIN GBL PRO JPY I 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 
α
Alpha over DOW
=0.14
β
Beta against DOW=0.12
σ
Overall volatility
=0.00
Ir
Information ratio =0.28

Actual Return Volatility

PRIN GBL PRO JPY I accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4314% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Fundamental Analysis

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Investment Outlook

PRIN GBL Investment Opportunity
DOW has a standard deviation of returns of 0.43 and is 9.223372036854776E16 times more volatile than PRIN GBL PRO JPY I. 0% of all equities and portfolios are less risky than PRIN GBL. Compared to the overall equity markets, volatility of historical daily returns of PRIN GBL PRO JPY I is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use PRIN GBL PRO JPY I to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of PRIN GBL to be traded at ¥1176.48 in 30 days. As returns on market increase, returns on owning PRIN GBL are expected to decrease at a much smaller rate. During bear market, PRIN GBL is likely to outperform the market.

PRIN GBL correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding PRIN GBL PRO JPY I and equity matching DJI index in the same portfolio.
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