Hermes Sourcecap (Ireland) Risk Analysis And Volatility Evaluation

F00000NIFU -- Ireland Fund  

 272.00  4.00  1.45%

Our philosophy towards determining 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 Hermes Sourcecap Europe which you can use to evaluate future volatility of the entity. Please check out Hermes Sourcecap Market Risk Adjusted Performance of (4.16) and Risk Adjusted Performance of 0.1312 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Hermes Sourcecap Market Sensitivity

As returns on market increase, returns on owning Hermes Sourcecap are expected to decrease at a much smaller rate. During bear market, Hermes Sourcecap is likely to outperform the market.
2 Months Beta |Analyze Hermes Sourcecap Europe Demand Trend
Check current 30 days Hermes Sourcecap correlation with market (DOW)
β = -0.0972

Hermes Sourcecap Central Daily Price Deviation

Hermes Sourcecap Europe Technical Analysis

Transformation
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Hermes Sourcecap Projected Return Density Against Market

Assuming 30 trading days horizon, Hermes Sourcecap Europe ex UK Z GBP Acc has beta of -0.0972 suggesting as returns on benchmark increase, returns on holding Hermes Sourcecap are expected to decrease at a much smaller rate. During bear market, however, Hermes Sourcecap Europe ex UK Z GBP Acc is likely to outperform the market. Moreover, Hermes Sourcecap Europe ex UK Z GBP Acc has an alpha of 0.3937 implying that it can potentially generate 0.3937% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.39
β
Beta against DOW=0.1
σ
Overall volatility
=0.00
Ir
Information ratio =0.12

Hermes Sourcecap Return Volatility

Hermes Sourcecap Europe ex UK Z GBP Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2955% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

Hermes Sourcecap Investment Opportunity

DOW has a standard deviation of returns of 1.3 and is 9.223372036854776E16 times more volatile than Hermes Sourcecap Europe ex UK Z GBP Acc. 0% of all equities and portfolios are less risky than Hermes Sourcecap. Compared to the overall equity markets, volatility of historical daily returns of Hermes Sourcecap Europe ex UK Z GBP Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Hermes Sourcecap Europe ex UK Z GBP Acc to protect against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Hermes Sourcecap to be traded at 263.84 in 30 days. As returns on market increase, returns on owning Hermes Sourcecap are expected to decrease at a much smaller rate. During bear market, Hermes Sourcecap is likely to outperform the market.

Hermes Sourcecap correlation with market

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

Hermes Sourcecap Volatility Indicators

Hermes Sourcecap Europe ex UK Z GBP Acc Current Risk Indicators

Additionally see Investing Opportunities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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