872921 (Ireland) Risk Analysis And Volatility Evaluation

872921 -- Ireland Fund  

USD 1.67  0.02  1.21%

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 872921 which you can use to evaluate future volatility of the entity. Please confirm 872921 Standard Deviation of 0.8899, Market Risk Adjusted Performance of 0.001099 and Coefficient Of Variation of 24520.76 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

872921 Market Sensitivity

As returns on market increase, 872921 returns are expected to increase less than the market. However during bear market, the loss on holding 872921 will be expected to be smaller as well.
One Month Beta |Analyze 872921 Demand Trend
Check current 30 days 872921 correlation with market (DOW)
β = 0.574
872921 Small Beta872921 Beta Legend

872921 Technical Analysis

Transformation
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872921 Projected Return Density Against Market

Assuming 30 trading days horizon, 872921 has beta of 0.574 . This suggests as returns on market go up, 872921 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding 872921 will be expected to be much smaller as well. Additionally, 872921 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
=0.1
β
Beta against DOW=0.57
σ
Overall volatility
=0.00
Ir
Information ratio =0.19

872921 Return Volatility

872921 accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

872921 Investment Opportunity

DOW has a standard deviation of returns of 0.45 and is 9.223372036854776E16 times more volatile than 872921. 0% of all equities and portfolios are less risky than 872921. Compared to the overall equity markets, volatility of historical daily returns of 872921 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 872921 to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of 872921 to be traded at $1.837 in 30 days. As returns on market increase, 872921 returns are expected to increase less than the market. However during bear market, the loss on holding 872921 will be expected to be smaller as well.

872921 correlation with market

Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding 872921 and equity matching DJI index in the same portfolio.

872921 Volatility Indicators

872921 Current Risk Indicators

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