ANIMA Variable (Ireland) Risk Analysis And Volatility Evaluation

F00000SGU1 -- Ireland Fund  

EUR 4.92  0.06  1.23%

Macroaxis considers ANIMA Variable unknown risk given 1 month investment horizon. ANIMA Variable Rate secures Sharpe Ratio (or Efficiency) of 0.1959 which signifies that ANIMA Variable Rate had 0.1959% of return per unit of return volatility over the last 1 month. Our approach to foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ANIMA Variable Rate Bond I EUR Acc which you can use to evaluate future volatility of the entity. Please makes use of ANIMA Variable Rate Risk Adjusted Performance of 0.13 and Mean Deviation of 0.1148 to double-check if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

ANIMA Variable Market Sensitivity

As returns on market increase, returns on owning ANIMA Variable are expected to decrease at a much smaller rate. During bear market, ANIMA Variable is likely to outperform the market.
One Month Beta |Analyze ANIMA Variable Rate Demand Trend
Check current 30 days ANIMA Variable correlation with market (DOW)
β = -0.2133
ANIMA Variable Almost negative betaANIMA Variable Rate Beta Legend

ANIMA Variable Rate Technical Analysis

Transformation
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ANIMA Variable Projected Return Density Against Market

Assuming 30 trading days horizon, ANIMA Variable Rate Bond I EUR Acc has beta of -0.2133 suggesting as returns on benchmark increase, returns on holding ANIMA Variable are expected to decrease at a much smaller rate. During bear market, however, ANIMA Variable Rate Bond I EUR Acc is likely to outperform the market. Additionally, ANIMA Variable Rate Bond I EUR 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 ANIMA Variable is 510.41. The daily returns are destributed with a variance of 2.62 and standard deviation of 1.62. The mean deviation of ANIMA Variable Rate Bond I EUR Acc is currently at 1.23. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.04
β
Beta against DOW=0.21
σ
Overall volatility
=1.62
Ir
Information ratio =0.87

ANIMA Variable Return Volatility

ANIMA Variable Rate Bond I EUR Acc accepts 1.6184% volatility on return distribution over the 30 days horizon. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

ANIMA Variable Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

ANIMA Variable Investment Opportunity

ANIMA Variable Rate Bond I EUR Acc has a volatility of 1.62 and is 3.77 times more volatile than DOW. 14% of all equities and portfolios are less risky than ANIMA Variable. Compared to the overall equity markets, volatility of historical daily returns of ANIMA Variable Rate Bond I EUR Acc is lower than 14 (%) of all global equities and portfolios over the last 30 days. Use ANIMA Variable Rate Bond I EUR Acc to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of ANIMA Variable to be traded at €5.41 in 30 days. As returns on market increase, returns on owning ANIMA Variable are expected to decrease at a much smaller rate. During bear market, ANIMA Variable is likely to outperform the market.

ANIMA Variable correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding ANIMA Variable Rate Bond I EUR and equity matching DJI index in the same portfolio.

ANIMA Variable Volatility Indicators

ANIMA Variable Rate Bond I EUR 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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