Wellington Oppoc (Ireland) Risk Analysis And Volatility Evaluation

F00000H5KU -- Ireland Fund  

EUR 17.33  0.06  0.34%

Macroaxis considers Wellington Oppoc not too volatile given 1 month investment horizon. Wellington Oppoc Emerg shows Sharpe Ratio of 0.3471 which attests that Wellington Oppoc Emerg had 0.3471% of return per unit of risk over the last 1 month. Our philosophy towards determining 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 Wellington Oppoc Emerg which you can use to evaluate future volatility of the fund. Please utilize Wellington Oppoc Emerg Market Risk Adjusted Performance of 2.05 and Mean Deviation of 0.6045 to validate if our risk estimates are consistent with your expectations.
 Time Horizon     30 Days    Login   to change

Wellington Oppoc Market Sensitivity

As returns on market increase, returns on owning Wellington Oppoc are expected to decrease at a much smaller rate. During bear market, Wellington Oppoc is likely to outperform the market.
One Month Beta |Analyze Wellington Oppoc Emerg Demand Trend
Check current 30 days Wellington Oppoc correlation with market (DOW)
β = -0.1112
Wellington Oppoc Almost negative betaWellington Oppoc Emerg Beta Legend

Wellington Oppoc Emerg Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Wellington Oppoc Emerg Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Assuming 30 trading days horizon, Wellington Oppoc Emerg Mkt Dbt has beta of -0.1112 suggesting as returns on benchmark increase, returns on holding Wellington Oppoc are expected to decrease at a much smaller rate. During bear market, however, Wellington Oppoc Emerg Mkt Dbt is likely to outperform the market. Additionally, Wellington Oppoc Emerg Mkt Dbt 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 
Assuming 30 trading days horizon, the coefficient of variation of Wellington Oppoc is 288.14. The daily returns are destributed with a variance of 0.84 and standard deviation of 0.92. The mean deviation of Wellington Oppoc Emerg Mkt Dbt is currently at 0.65. For similar time horizon, the selected benchmark (DOW) has volatility of 0.46
α
Alpha over DOW
=0.21
β
Beta against DOW=0.11
σ
Overall volatility
=0.92
Ir
Information ratio =0.27

Actual Return Volatility

Wellington Oppoc Emerg Mkt Dbt accepts 0.9159% volatility on return distribution over the 30 days horizon. DOW inherits 0.5115% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Wellington Oppoc Volatility Factors

30 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Indifferent to market move

Investment Outlook

Wellington Oppoc Investment Opportunity
Wellington Oppoc Emerg Mkt Dbt has a volatility of 0.92 and is 1.8 times more volatile than DOW. 8% of all equities and portfolios are less risky than Wellington Oppoc. Compared to the overall equity markets, volatility of historical daily returns of Wellington Oppoc Emerg Mkt Dbt is lower than 8 (%) of all global equities and portfolios over the last 30 days. Use Wellington Oppoc Emerg Mkt Dbt to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Wellington Oppoc to be traded at €17.16 in 30 days. As returns on market increase, returns on owning Wellington Oppoc are expected to decrease at a much smaller rate. During bear market, Wellington Oppoc is likely to outperform the market.

Wellington Oppoc correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Wellington Oppoc Emerg Mkt Dbt and equity matching DJI index in the same portfolio.
Additionally see Investing Opportunities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.
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