30948819 (Ireland) Risk Analysis And Volatility

30948819 -- Ireland Fund  

USD 99.78  1.99  2.04%

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 30948819 which you can use to evaluate future volatility of the entity. Please confirm 30948819 Market Risk Adjusted Performance of 0.062, Standard Deviation of 0.6145 and Coefficient Of Variation of 33310.34 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

30948819 Market Sensitivity

As returns on market increase, returns on owning 30948819 are expected to decrease at a much smaller rate. During bear market, 30948819 is likely to outperform the market.
2 Months Beta |Analyze 30948819 Demand Trend
Check current 30 days 30948819 correlation with market (DOW)
β = -0.1567

30948819 Central Daily Price Deviation

30948819 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.

30948819 Projected Return Density Against Market

Assuming 30 trading days horizon, 30948819 has beta of -0.1567 . This suggests as returns on benchmark increase, returns on holding 30948819 are expected to decrease at a much smaller rate. During bear market, however, 30948819 is likely to outperform the market. Moreover, The company has an alpha of 0.0065 implying that it can potentially generate 0.0065% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0065
β
Beta against DOW=0.16
σ
Overall volatility
=0.00
Ir
Information ratio =0.17

30948819 Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6987% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Did you try this?

Run Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Pattern Recognition

Investment Outlook

30948819 Investment Opportunity

DOW has a standard deviation of returns of 0.7 and is 9.223372036854776E16 times more volatile than 30948819. 0% of all equities and portfolios are less risky than 30948819. Compared to the overall equity markets, volatility of historical daily returns of 30948819 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 30948819 to enhance returns of your portfolios. The fund experiences unexpected upward trend. Watch out for market signals. Check odds of 30948819 to be traded at $119.74 in 30 days. . As returns on market increase, returns on owning 30948819 are expected to decrease at a much smaller rate. During bear market, 30948819 is likely to outperform the market.

30948819 correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 30948819 and equity matching DJI index in the same portfolio.

30948819 Volatility Indicators

30948819 Current Risk Indicators

Check also Trending Equities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.
Search macroaxis.com