28402441 (Ireland) Risk Analysis And Volatility Evaluation

28402441 -- Ireland Fund  

USD 106.52  23.51  28.32%

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 28402441 which you can use to evaluate future volatility of the entity. Please confirm 28402441 Standard Deviation of 10.7, Market Risk Adjusted Performance of 11.95 and Coefficient Of Variation of 264.58 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

28402441 Market Sensitivity

As returns on market increase, 28402441 returns are expected to increase less than the market. However during bear market, the loss on holding 28402441 will be expected to be smaller as well.
2 Months Beta |Analyze 28402441 Demand Trend
Check current 30 days 28402441 correlation with market (DOW)
β = 0.3379

28402441 Central Daily Price Deviation

28402441 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.

28402441 Projected Return Density Against Market

Assuming 30 trading days horizon, 28402441 has beta of 0.3379 . This suggests as returns on market go up, 28402441 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 28402441 will be expected to be much smaller as well. In addition to that, 28402441 has an alpha of 4.0751 implying that it can potentially generate 4.0751% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=4.08
β
Beta against DOW=0.34
σ
Overall volatility
=0.00
Ir
Information ratio =0.39

28402441 Return Volatility

28402441 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2955% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Did you try this?

Run ETF Directory Now

   

ETF Directory

Find actively-traded Exchange Traded Funds (ETF) from around the world
All  Next Launch ETF Directory

Investment Outlook

28402441 Investment Opportunity

DOW has a standard deviation of returns of 1.3 and is 9.223372036854776E16 times more volatile than 28402441. 0% of all equities and portfolios are less risky than 28402441. Compared to the overall equity markets, volatility of historical daily returns of 28402441 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 28402441 to enhance returns of your portfolios. The fund experiences very speculative upward sentiment.. Check odds of 28402441 to be traded at $133.15 in 30 days. As returns on market increase, 28402441 returns are expected to increase less than the market. However during bear market, the loss on holding 28402441 will be expected to be smaller as well.

28402441 correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding 28402441 and equity matching DJI index in the same portfolio.

28402441 Volatility Indicators

28402441 Current Risk Indicators

Check also Trending Equities. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
Search macroaxis.com