Kames Global (Ireland) Risk Analysis And Volatility Evaluation

F00000QJYN -- Ireland Fund  

EUR 15.93  0.26  1.66%

We consider Kames Global unknown risk. Kames Global Equity has Sharpe Ratio of 0.0552 which conveys that Kames Global Equity had 0.0552% of return per unit of risk over the last 1 month. Our philosophy towards estimating 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 Kames Global which you can use to evaluate future volatility of the organization. Please verify Kames Global Equity Income EUR B Acc H Mean Deviation of 0.4127 and Risk Adjusted Performance of 0.14 to check out if risk estimate we provide are consistent with the epected return of 0.0687%.
 Time Horizon     30 Days    Login   to change

Kames Global Market Sensitivity

As returns on market increase, returns on owning Kames Global are expected to decrease at a much smaller rate. During bear market, Kames Global is likely to outperform the market.
One Month Beta |Analyze Kames Global Equity Demand Trend
Check current 30 days Kames Global correlation with market (DOW)
β = -0.1552
Kames Global Almost negative betaKames Global Equity Beta Legend

Kames Global Equity Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, Kames Global Equity Income EUR B Acc H has beta of -0.1552 suggesting as returns on benchmark increase, returns on holding Kames Global are expected to decrease at a much smaller rate. During bear market, however, Kames Global Equity Income EUR B Acc H is likely to outperform the market. Additionally, Kames Global Equity Income EUR B Acc H 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 Kames Global is 1813.05. The daily returns are destributed with a variance of 1.55 and standard deviation of 1.25. The mean deviation of Kames Global Equity Income EUR B Acc H is currently at 0.8. For similar time horizon, the selected benchmark (DOW) has volatility of 0.6
α
Alpha over DOW
=0.13
β
Beta against DOW=0.16
σ
Overall volatility
=1.25
Ir
Information ratio =0.48

Actual Return Volatility

Kames Global Equity Income EUR B Acc H accepts 1.2451% volatility on return distribution over the 30 days horizon. DOW inherits 0.5977% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Kames Global Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Kames Global Investment Opportunity
Kames Global Equity Income EUR B Acc H has a volatility of 1.25 and is 2.08 times more volatile than DOW. 11% of all equities and portfolios are less risky than Kames Global. Compared to the overall equity markets, volatility of historical daily returns of Kames Global Equity Income EUR B Acc H is lower than 11 (%) of all global equities and portfolios over the last 30 days. Use Kames Global Equity Income EUR B Acc H to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of Kames Global to be traded at €17.52 in 30 days. As returns on market increase, returns on owning Kames Global are expected to decrease at a much smaller rate. During bear market, Kames Global is likely to outperform the market.

Kames Global correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Kames Global Equity Income EUR and equity matching DJI index in the same portfolio.
Additionally see Investing Opportunities. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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