Perkins US (Ireland) Risk Analysis And Volatility Evaluation

F00000NFBA -- Ireland Fund  

EUR 16.24  0.09  0.56%

Our philosophy towards forecasting 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 Perkins US Strategic which you can use to evaluate future volatility of the fund. Please check Perkins US Strategic Coefficient Of Variation of 492.56 and Risk Adjusted Performance of 0.1155 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

Perkins US Market Sensitivity

As returns on market increase, returns on owning Perkins US are expected to decrease at a much smaller rate. During bear market, Perkins US is likely to outperform the market.
One Month Beta |Analyze Perkins US Strategic Demand Trend
Check current 30 days Perkins US correlation with market (DOW)
β = -0.1726
Perkins US Almost negative betaPerkins US Strategic Beta Legend

Perkins US Strategic Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, Perkins US Strategic Value E EUR Acc Hdg has beta of -0.1726 suggesting as returns on benchmark increase, returns on holding Perkins US are expected to decrease at a much smaller rate. During bear market, however, Perkins US Strategic Value E EUR Acc Hdg is likely to outperform the market. Moreover, Perkins US Strategic Value E EUR Acc Hdg has an alpha of 0.1796 implying that it can potentially generate 0.1796% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.18
β
Beta against DOW=0.17
σ
Overall volatility
=0.00
Ir
Information ratio =0.07

Actual Return Volatility

Perkins US Strategic Value E EUR Acc Hdg accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5516% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Perkins US Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Perkins US Investment Opportunity
DOW has a standard deviation of returns of 0.55 and is 9.223372036854776E16 times more volatile than Perkins US Strategic Value E EUR Acc Hdg. 0% of all equities and portfolios are less risky than Perkins US. Compared to the overall equity markets, volatility of historical daily returns of Perkins US Strategic Value E EUR Acc Hdg is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Perkins US Strategic Value E EUR Acc Hdg to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of Perkins US to be traded at €17.86 in 30 days. As returns on market increase, returns on owning Perkins US are expected to decrease at a much smaller rate. During bear market, Perkins US is likely to outperform the market.

Perkins US correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Perkins US Strategic Value E E and equity matching DJI index in the same portfolio.

Volatility Indicators

Perkins US Current Risk Indicators
Additionally see Investing Opportunities. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.