Kames Global (Ireland) Risk Analysis And Volatility Evaluation

F00000QJYO -- Ireland Fund  

GBp 1,687  34.00  1.98%

Macroaxis considers Kames Global to be unknown risk. Kames Global Equity has Sharpe Ratio of -0.3348 which conveys that Kames Global Equity had -0.3348% 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. Kames Global exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Kames Global Equity Income B GBP Acc H Mean Deviation of 0.9762 and Risk Adjusted Performance of 0.1183 to check out risk estimate we provide.
Horizon     30 Days    Login   to change

Kames Global Market Sensitivity

As returns on market increase, Kames Global returns are expected to increase less than the market. However during bear market, the loss on holding Kames Global will be expected to be smaller as well.
One Month Beta |Analyze Kames Global Equity Demand Trend
Check current 30 days Kames Global correlation with market (DOW)
β = 0.0602
Kames Global Small BetaKames Global Equity Beta Legend

Kames Global Equity Technical Analysis

Transformation
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Kames Global Projected Return Density Against Market

Assuming 30 trading days horizon, Kames Global has beta of 0.0602 suggesting as returns on market go up, Kames Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Kames Global Equity Income B GBP Acc H will be expected to be much smaller as well. Moreover, Kames Global Equity Income B GBP Acc H has an alpha of 0.2058 implying that it can potentially generate 0.2058% 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 Kames Global is -298.72. The daily returns are destributed with a variance of 1.15 and standard deviation of 1.07. The mean deviation of Kames Global Equity Income B GBP Acc H is currently at 0.76. For similar time horizon, the selected benchmark (DOW) has volatility of 1.08
α
Alpha over DOW
=0.21
β
Beta against DOW=0.06
σ
Overall volatility
=1.07
Ir
Information ratio =0.19

Kames Global Return Volatility

Kames Global Equity Income B GBP Acc H accepts 1.0721% volatility on return distribution over the 30 days horizon. DOW inherits 1.0568% 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

Insignificant

Investment Outlook

Kames Global Investment Opportunity

Kames Global Equity Income B GBP Acc H has a volatility of 1.07 and is 1.01 times more volatile than DOW. 9% 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 B GBP Acc H is lower than 9 (%) of all global equities and portfolios over the last 30 days. Use Kames Global Equity Income B GBP Acc H to protect against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Kames Global to be traded at p;1636.39 in 30 days. As returns on market increase, Kames Global returns are expected to increase less than the market. However during bear market, the loss on holding Kames Global will be expected to be smaller as well.

Kames Global correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Kames Global Equity Income B G and equity matching DJI index in the same portfolio.

Kames Global Volatility Indicators

Kames Global Equity Income B GBP Acc H Current Risk Indicators

Additionally see Investing Opportunities. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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