31619240 (Ireland) Risk Analysis And Volatility

31619240 -- Ireland Fund  

GBP 10.30  0.90  9.57%

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 31619240 which you can use to evaluate future volatility of the entity. Please confirm 31619240 Standard Deviation of 5.42, Coefficient Of Variation of 1545.01 and Market Risk Adjusted Performance of (1.86) to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

31619240 Market Sensitivity

As returns on market increase, returns on owning 31619240 are expected to decrease at a much smaller rate. During bear market, 31619240 is likely to outperform the market.
2 Months Beta |Analyze 31619240 Demand Trend
Check current 30 days 31619240 correlation with market (DOW)
β = -0.1819

31619240 Central Daily Price Deviation

31619240 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.

31619240 Projected Return Density Against Market

Assuming 30 trading days horizon, 31619240 has beta of -0.1819 . This suggests as returns on benchmark increase, returns on holding 31619240 are expected to decrease at a much smaller rate. During bear market, however, 31619240 is likely to outperform the market. Moreover, The company has an alpha of 0.3577 implying that it can potentially generate 0.3577% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.36
β
Beta against DOW=0.18
σ
Overall volatility
=0.00
Ir
Information ratio =0.0456

31619240 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 

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Investment Outlook

31619240 Investment Opportunity

DOW has a standard deviation of returns of 0.7 and is 9.223372036854776E16 times more volatile than 31619240. 0% of all equities and portfolios are less risky than 31619240. Compared to the overall equity markets, volatility of historical daily returns of 31619240 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 31619240 to enhance returns of your portfolios. The fund experiences very speculative upward sentiment. . Check odds of 31619240 to be traded at £12.88 in 30 days. . As returns on market increase, returns on owning 31619240 are expected to decrease at a much smaller rate. During bear market, 31619240 is likely to outperform the market.

31619240 correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding 31619240 and equity matching DJI index in the same portfolio.

31619240 Volatility Indicators

31619240 Current Risk Indicators

Check also Trending Equities. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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