31619240 (Ireland) Risk Analysis And Volatility Evaluation

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 company 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 2.83, Market Risk Adjusted Performance of 0.0663 and Coefficient Of Variation of 7437.61 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

31619240 Market Sensitivity

As returns on market increase, 31619240 returns are expected to increase less than the market. However during bear market, the loss on holding 31619240 will be expected to be smaller as well.
One Month Beta |Analyze 31619240 Demand Trend
Check current 30 days 31619240 correlation with market (DOW)
β = 0.4978
31619240 Small Beta31619240 Beta Legend

31619240 Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, 31619240 has beta of 0.4978 . This suggests as returns on market go up, 31619240 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 31619240 will be expected to be much smaller as well. Additionally, 31619240 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
=0.04
β
Beta against DOW=0.50
σ
Overall volatility
=0.00
Ir
Information ratio =0.04

Actual Return Volatility

31619240 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.63% 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 0.63 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, 31619240 returns are expected to increase less than the market. However during bear market, the loss on holding 31619240 will be expected to be smaller as well.

31619240 correlation with market

Average 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.
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