ANIMA Variable (Ireland) Risk Analysis And Volatility Evaluation

F00000SGU1 -- Ireland Fund  

EUR 5.03  0.04  0.80%

Macroaxis considers ANIMA Variable to be unknown risk. ANIMA Variable Rate secures Sharpe Ratio (or Efficiency) of -0.0929 which signifies that ANIMA Variable Rate had -0.0929% of return per unit of return volatility over the last 1 month. Macroaxis approach to foreseeing 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. ANIMA Variable Rate Bond I EUR Acc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ANIMA Variable Rate Risk Adjusted Performance of 0.026361 and Mean Deviation of 1.09 to double-check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

ANIMA Variable Market Sensitivity

One Month Beta |Analyze ANIMA Variable Rate Demand Trend
Check current 30 days ANIMA Variable correlation with market (DOW)
β = -0.9372
ANIMA Variable llmost one BetaANIMA Variable Rate Beta Legend

ANIMA Variable Rate Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, ANIMA Variable Rate Bond I EUR Acc has beta of -0.9372 suggesting 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 -1075.98. The daily returns are destributed with a variance of 0.35 and standard deviation of 0.59. The mean deviation of ANIMA Variable Rate Bond I EUR Acc is currently at 0.37. For similar time horizon, the selected benchmark (DOW) has volatility of 0.59
α
Alpha over DOW
=0.04
β
Beta against DOW=0.94
σ
Overall volatility
=0.59
Ir
Information ratio =0.11

Actual Return Volatility

ANIMA Variable Rate Bond I EUR Acc accepts 0.5935% volatility on return distribution over the 30 days horizon. DOW inherits 0.5978% 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
DOW has a standard deviation of returns of 0.6 and is 1.02 times more volatile than ANIMA Variable Rate Bond I EUR Acc. 5% 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 5 (%) 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 moderate upward volatility. Check odds of ANIMA Variable to be traded at €5.53 in 30 days.

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.
Additionally see Investing Opportunities. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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