30298570 (Ireland) Risk Analysis And Volatility Evaluation

30298570 -- Ireland Fund  

USD 10.76  0.04  0.37%

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 30298570 which you can use to evaluate future volatility of the entity. Please confirm 30298570 Standard Deviation of 0.2805, Market Risk Adjusted Performance of 1.81 and Coefficient Of Variation of 449.3 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

30298570 Market Sensitivity

As returns on market increase, 30298570 returns are expected to increase less than the market. However during bear market, the loss on holding 30298570 will be expected to be smaller as well.
One Month Beta |Analyze 30298570 Demand Trend
Check current 30 days 30298570 correlation with market (DOW)
β = 0.0292
30298570 Small Beta30298570 Beta Legend

30298570 Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, 30298570 has beta of 0.0292 . This suggests as returns on market go up, 30298570 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 30298570 will be expected to be much smaller as well. Moreover, 30298570 has an alpha of 0.0499 implying that it can potentially generate 0.0499% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0499
β
Beta against DOW=0.0292
σ
Overall volatility
=0.00
Ir
Information ratio =0.12

Actual Return Volatility

30298570 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.6549% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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30298570 Investment Opportunity

DOW has a standard deviation of returns of 0.65 and is 9.223372036854776E16 times more volatile than 30298570. 0% of all equities and portfolios are less risky than 30298570. Compared to the overall equity markets, volatility of historical daily returns of 30298570 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 30298570 to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of 30298570 to be traded at $11.3 in 30 days. As returns on market increase, 30298570 returns are expected to increase less than the market. However during bear market, the loss on holding 30298570 will be expected to be smaller as well.

30298570 correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding 30298570 and equity matching DJI index in the same portfolio.
Check also Trending Equities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.