GAM Star (Ireland) Risk Analysis And Volatility Evaluation

F00000QBNR -- Ireland Fund  

USD 29.30  0.16  0.54%

GAM Star is unknown risk given 1 month investment horizon. GAM Star Japan holds Efficiency (Sharpe) Ratio of 0.513 which attests that GAM Star Japan had 0.513% of return per unit of risk over the last 1 month. Our approach towards determining risk of a fund is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.0154% are justified by taking the suggested risk. Use GAM Star Japan Equity Z USD Acc to evaluate company specific risk that cannot be diversified away.
Horizon     30 Days    Login   to change

GAM Star Market Sensitivity

As returns on market increase, returns on owning GAM Star are expected to decrease at a much smaller rate. During bear market, GAM Star is likely to outperform the market.
One Month Beta |Analyze GAM Star Japan Demand Trend
Check current 30 days GAM Star correlation with market (DOW)
β = -0.6204
GAM Star Almost negative betaGAM Star Japan Beta Legend

GAM Star Japan 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.

GAM Star Projected Return Density Against Market

Assuming 30 trading days horizon, GAM Star Japan Equity Z USD Acc has beta of -0.6204 suggesting as returns on benchmark increase, returns on holding GAM Star are expected to decrease at a much smaller rate. During bear market, however, GAM Star Japan Equity Z USD Acc is likely to outperform the market. Moreover, GAM Star Japan Equity Z USD Acc has an alpha of 0.0578 implying that it can potentially generate 0.0578% 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 GAM Star is 194.94. The daily returns are destributed with a variance of 3.92 and standard deviation of 1.98. The mean deviation of GAM Star Japan Equity Z USD Acc is currently at 1.41. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.06
β
Beta against DOW=0.62
σ
Overall volatility
=1.98
Ir
Information ratio =0.21

GAM Star Return Volatility

GAM Star Japan Equity Z USD Acc accepts 1.9794% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

GAM Star Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

GAM Star Investment Opportunity

GAM Star Japan Equity Z USD Acc has a volatility of 1.98 and is 4.71 times more volatile than DOW. 18% of all equities and portfolios are less risky than GAM Star. Compared to the overall equity markets, volatility of historical daily returns of GAM Star Japan Equity Z USD Acc is lower than 18 (%) of all global equities and portfolios over the last 30 days. Use GAM Star Japan Equity Z USD Acc to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of GAM Star to be traded at $28.71 in 30 days. As returns on market increase, returns on owning GAM Star are expected to decrease at a much smaller rate. During bear market, GAM Star is likely to outperform the market.

GAM Star correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding GAM Star Japan Equity Z USD Ac and equity matching DJI index in the same portfolio.

GAM Star Volatility Indicators

GAM Star Japan Equity Z USD Acc Current Risk Indicators

Additionally see Investing Opportunities. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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