Odey Odyssey (Ireland) Risk Analysis And Volatility

F00000PZZU -- Ireland Fund  

USD 68.15  0.82  1.22%

Our philosophy towards forecasting 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 Odey Odyssey R which you can use to evaluate future volatility of the fund. Please check Odey Odyssey R Risk Adjusted Performance of (0.23) and Coefficient Of Variation of (302.93) to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Odey Odyssey Market Sensitivity

As returns on market increase, returns on owning Odey Odyssey are expected to decrease at a much smaller rate. During bear market, Odey Odyssey is likely to outperform the market.
2 Months Beta |Analyze Odey Odyssey R Demand Trend
Check current 30 days Odey Odyssey correlation with market (DOW)
β = -0.1092

Odey Odyssey Central Daily Price Deviation

Odey Odyssey R Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Odey Odyssey Projected Return Density Against Market

Assuming 30 trading days horizon, Odey Odyssey R USD Acc has beta of -0.1092 suggesting as returns on benchmark increase, returns on holding Odey Odyssey are expected to decrease at a much smaller rate. During bear market, however, Odey Odyssey R USD Acc is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Odey Odyssey R is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.69
β
Beta against DOW=0.11
σ
Overall volatility
=0.00
Ir
Information ratio =0.37

Odey Odyssey Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6912% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Odey Odyssey Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Odey Odyssey Investment Opportunity

DOW has a standard deviation of returns of 0.69 and is 9.223372036854776E16 times more volatile than Odey Odyssey R USD Acc. 0% of all equities and portfolios are less risky than Odey Odyssey. Compared to the overall equity markets, volatility of historical daily returns of Odey Odyssey R USD Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Odey Odyssey R USD Acc to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of Odey Odyssey to be traded at $74.97 in 30 days. . As returns on market increase, returns on owning Odey Odyssey are expected to decrease at a much smaller rate. During bear market, Odey Odyssey is likely to outperform the market.

Odey Odyssey correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Odey Odyssey R USD Acc and equity matching DJI index in the same portfolio.

Odey Odyssey Volatility Indicators

Odey Odyssey R USD Acc Current Risk Indicators

Additionally see Investing Opportunities. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Search macroaxis.com