Trojan Income (Ireland) Risk Analysis And Volatility Evaluation

F00000SJ7U -- Ireland Fund  

EUR 1.44  0.01  0.70%

Macroaxis considers Trojan Income unknown risk given 1 month investment horizon. Trojan Income Feeder owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.5774 which indicates Trojan Income Feeder had 0.5774% of return per unit of risk over the last 1 month. Our philosophy towards measuring 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 Trojan Income Feeder O EUR Acc which you can use to evaluate future volatility of the fund. Please operate Trojan Income Coefficient Of Variation of 1054.21 and Risk Adjusted Performance of 0.0496 to confirm if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

Trojan Income Market Sensitivity

As returns on market increase, returns on owning Trojan Income are expected to decrease at a much smaller rate. During bear market, Trojan Income is likely to outperform the market.
One Month Beta |Analyze Trojan Income Feeder Demand Trend
Check current 30 days Trojan Income correlation with market (DOW)
β = -0.1569
Trojan Income Almost negative betaTrojan Income Feeder Beta Legend

Trojan Income Feeder 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.

Trojan Income Projected Return Density Against Market

Assuming 30 trading days horizon, Trojan Income Feeder O EUR Acc has beta of -0.1569 suggesting as returns on benchmark increase, returns on holding Trojan Income are expected to decrease at a much smaller rate. During bear market, however, Trojan Income Feeder O EUR Acc is likely to outperform the market. Moreover, Trojan Income Feeder O EUR Acc has an alpha of 0.1386 implying that it can potentially generate 0.1386% 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 Trojan Income is 173.21. The daily returns are destributed with a variance of 0.16 and standard deviation of 0.4. The mean deviation of Trojan Income Feeder O EUR Acc is currently at 0.31. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.14
β
Beta against DOW=0.16
σ
Overall volatility
=0.40
Ir
Information ratio =0.04

Trojan Income Return Volatility

Trojan Income Feeder O EUR Acc accepts 0.4037% volatility on return distribution over the 30 days horizon. DOW inherits 0.444% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Trojan Income Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Trojan Income Investment Opportunity

DOW has a standard deviation of returns of 0.44 and is 1.1 times more volatile than Trojan Income Feeder O EUR Acc. 3% of all equities and portfolios are less risky than Trojan Income. Compared to the overall equity markets, volatility of historical daily returns of Trojan Income Feeder O EUR Acc is lower than 3 (%) of all global equities and portfolios over the last 30 days. Use Trojan Income Feeder O EUR Acc to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of Trojan Income to be traded at €1.584 in 30 days. As returns on market increase, returns on owning Trojan Income are expected to decrease at a much smaller rate. During bear market, Trojan Income is likely to outperform the market.

Trojan Income correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Trojan Income Feeder O EUR Acc and equity matching DJI index in the same portfolio.

Trojan Income Volatility Indicators

Trojan Income Feeder O EUR Acc Current Risk Indicators

Additionally see Investing Opportunities. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
Search macroaxis.com