GAM Star (Ireland) Risk Analysis And Volatility Evaluation

F00000QBNR -- Ireland Fund  

USD 28.34  0.01  0.0353%

We consider GAM Star unknown risk. GAM Star Japan holds Efficiency (Sharpe) Ratio of 0.0734 which attests that GAM Star Japan had 0.0734% of return per unit of risk over the last 1 month. Our approach 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 GAM Star Japan which you can use to evaluate future volatility of the entity. Please check out GAM Star to validate if risk estimate we provide are consistent with the epected return of 0.111%.
 Time 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 = -0.2153
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.

Projected Return Density Against Market

Assuming 30 trading days horizon, GAM Star Japan Equity Z USD Acc has beta of -0.2153 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. Additionally, GAM Star Japan Equity Z USD Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of GAM Star is 1362.01. The daily returns are destributed with a variance of 2.29 and standard deviation of 1.51. The mean deviation of GAM Star Japan Equity Z USD Acc is currently at 1.09. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.03
β
Beta against DOW=0.22
σ
Overall volatility
=1.51
Ir
Information ratio =0.14

Actual Return Volatility

GAM Star Japan Equity Z USD Acc accepts 1.512% volatility on return distribution over the 30 days horizon. DOW inherits 0.5701% 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 1.51 and is 2.65 times more volatile than DOW. 13% 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 13 (%) of all global equities and portfolios over the last 30 days. Use GAM Star Japan Equity Z USD Acc to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of GAM Star to be traded at $29.76 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

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.
Additionally see Investing Opportunities. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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