Wellington Strategic (Ireland) Risk Analysis And Volatility Evaluation

F00000OWPE -- Ireland Fund  

EUR 17.63  0.10  0.57%

We consider Wellington Strategic unknown risk. Wellington Strategic shows Sharpe Ratio of 0.3694 which attests that Wellington Strategic had 0.3694% 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 Strategic which you can use to evaluate future volatility of the fund. Please check out Wellington Strategic Market Risk Adjusted Performance of 0.4781, Mean Deviation of 0.3443 and Downside Deviation of 0.5959 to validate if risk estimate we provide are consistent with the epected return of 0.1141%.
 Time Horizon     30 Days    Login   to change

Wellington Strategic Market Sensitivity

As returns on market increase, Wellington Strategic returns are expected to increase less than the market. However during bear market, the loss on holding Wellington Strategic will be expected to be smaller as well.
One Month Beta |Analyze Wellington Strategic Demand Trend
Check current 30 days Wellington Strategic correlation with market (DOW)
β = 0.1711
Wellington Strategic Small BetaWellington Strategic Beta Legend

Wellington Strategic Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, Wellington Strategic has beta of 0.1711 suggesting as returns on market go up, Wellington Strategic average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Wellington Strategic Eurp Eq D EUR Acc will be expected to be much smaller as well. Moreover, Wellington Strategic Eurp Eq D EUR Acc has an alpha of 0.0637 implying that it can potentially generate 0.0637% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Wellington Strategic is 270.72. The daily returns are destributed with a variance of 0.1 and standard deviation of 0.31. The mean deviation of Wellington Strategic Eurp Eq D EUR Acc is currently at 0.23. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.06
β
Beta against DOW=0.17
σ
Overall volatility
=0.31
Ir
Information ratio =0.03

Actual Return Volatility

Wellington Strategic Eurp Eq D EUR Acc accepts 0.309% volatility on return distribution over the 30 days horizon. DOW inherits 0.5804% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Wellington Strategic Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Wellington Strategic Investment Opportunity
DOW has a standard deviation of returns of 0.58 and is 1.87 times more volatile than Wellington Strategic Eurp Eq D EUR Acc. 2% of all equities and portfolios are less risky than Wellington Strategic. Compared to the overall equity markets, volatility of historical daily returns of Wellington Strategic Eurp Eq D EUR Acc is lower than 2 (%) of all global equities and portfolios over the last 30 days. Use Wellington Strategic Eurp Eq D EUR Acc to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of Wellington Strategic to be traded at €19.39 in 30 days. As returns on market increase, Wellington Strategic returns are expected to increase less than the market. However during bear market, the loss on holding Wellington Strategic will be expected to be smaller as well.

Wellington Strategic correlation with market

Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Wellington Strategic Eurp Eq D and equity matching DJI index in the same portfolio.
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