BNY Mellon (Ireland) Risk Analysis And Volatility Evaluation

F00000TOU7 -- Ireland Fund  

USD 1.46  0.04  2.82%

We consider BNY Mellon unknown risk. BNY Mellon US secures Sharpe Ratio (or Efficiency) of 0.003 which signifies that BNY Mellon US had 0.003% of return per unit of volatility over the last 1 month. Our approach towards foreseeing 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 BNY Mellon US Opportunities C USD which you can use to evaluate future volatility of the entity. Please confirm BNY Mellon US to double-check if risk estimate we provide are consistent with the epected return of 0.002%.
 Time Horizon     30 Days    Login   to change

BNY Mellon US Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, BNY Mellon has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and BNY Mellon are completely uncorrelated. Furthermore, BNY Mellon US Opportunities C USDIt does not look like BNY Mellon alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of BNY Mellon is 33888.24. The daily returns are destributed with a variance of 0.47 and standard deviation of 0.68. The mean deviation of BNY Mellon US Opportunities C USD is currently at 0.39. For similar time horizon, the selected benchmark (DOW) has volatility of 0.55
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.68
Ir
Information ratio =0.00

Actual Return Volatility

BNY Mellon US Opportunities C USD accepts 0.6826% volatility on return distribution over the 30 days horizon. DOW inherits 0.5516% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

BNY Mellon Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

BNY Mellon Investment Opportunity
BNY Mellon US Opportunities C USD has a volatility of 0.68 and is 1.24 times more volatile than DOW. 6% of all equities and portfolios are less risky than BNY Mellon. Compared to the overall equity markets, volatility of historical daily returns of BNY Mellon US Opportunities C USD is lower than 6 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

BNY Mellon Current Risk Indicators
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