Mediolanum BB (Ireland) Risk Analysis And Volatility Evaluation

F00000QFBM -- Ireland Fund  

EUR 5.74  0.02  0.35%

Macroaxis considers Mediolanum BB to be unknown risk. Mediolanum BB Infras has Sharpe Ratio of -0.5 which conveys that Mediolanum BB Infras had -0.5% of return per unit of risk over the last 1 month. Macroaxis philosophy towards estimating risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Mediolanum BB exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Mediolanum BB Infrastructure Oppo ColLHA Mean Deviation of 0.5129 and Risk Adjusted Performance of 0.186 to check out risk estimate we provide.
 Time Horizon     30 Days    Login   to change

Mediolanum BB Market Sensitivity

As returns on market increase, returns on owning Mediolanum BB are expected to decrease at a much smaller rate. During bear market, Mediolanum BB is likely to outperform the market.
One Month Beta |Analyze Mediolanum BB Infras Demand Trend
Check current 30 days Mediolanum BB correlation with market (DOW)
β = -0.1512
Mediolanum BB Almost negative betaMediolanum BB Infras Beta Legend

Mediolanum BB Infras 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, Mediolanum BB Infrastructure Oppo ColLHA has beta of -0.1512 suggesting as returns on benchmark increase, returns on holding Mediolanum BB are expected to decrease at a much smaller rate. During bear market, however, Mediolanum BB Infrastructure Oppo ColLHA is likely to outperform the market. Moreover, Mediolanum BB Infrastructure Oppo ColLHA has an alpha of 0.3257 implying that it can potentially generate 0.3257% 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 Mediolanum BB is -200.0. The daily returns are destributed with a variance of 0.03 and standard deviation of 0.17. The mean deviation of Mediolanum BB Infrastructure Oppo ColLHA is currently at 0.13. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.33
β
Beta against DOW=0.15
σ
Overall volatility
=0.17
Ir
Information ratio =0.25

Actual Return Volatility

Mediolanum BB Infrastructure Oppo ColLHA accepts 0.1736% volatility on return distribution over the 30 days horizon. DOW inherits 0.5751% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Mediolanum BB Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Mediolanum BB Investment Opportunity
DOW has a standard deviation of returns of 0.58 and is 3.41 times more volatile than Mediolanum BB Infrastructure Oppo ColLHA. 1% of all equities and portfolios are less risky than Mediolanum BB. Compared to the overall equity markets, volatility of historical daily returns of Mediolanum BB Infrastructure Oppo ColLHA is lower than 1 (%) of all global equities and portfolios over the last 30 days. Use Mediolanum BB Infrastructure Oppo ColLHA to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Mediolanum BB to be traded at €5.68 in 30 days. As returns on market increase, returns on owning Mediolanum BB are expected to decrease at a much smaller rate. During bear market, Mediolanum BB is likely to outperform the market.

Mediolanum BB correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Mediolanum BB Infrastructure O and equity matching DJI index in the same portfolio.
Additionally see Investing Opportunities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
vendors/bower_components/jquery.easy-pie-chart/dist/jquery.easypiechart.min.js">