Fidelity (Ireland) Risk Analysis And Volatility Evaluation

F00000U81U -- Ireland Fund  

EUR 92.36  0.01  0.0108%

We consider Fidelity unknown risk. Fidelity US Loan secures Sharpe Ratio (or Efficiency) of 0.0881 which denotes Fidelity US Loan had 0.0881% of return per unit of risk over the last 1 month. Our philosophy towards predicting 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 Fidelity US Loan Inc EUR which you can use to evaluate future volatility of the entity. Please confirm Fidelity US Loan Coefficient Of Variation of 553.12 and Mean Deviation of 0.2712 to check if risk estimate we provide are consistent with the epected return of 0.0303%.
Horizon     30 Days    Login   to change

Fidelity Market Sensitivity

As returns on market increase, returns on owning Fidelity are expected to decrease at a much smaller rate. During bear market, Fidelity is likely to outperform the market.
One Month Beta |Analyze Fidelity US Loan Demand Trend
Check current 30 days Fidelity correlation with market (DOW)
β = -0.0016
Fidelity Almost negative betaFidelity US Loan Beta Legend

Fidelity US Loan Technical Analysis

Transformation
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Fidelity Projected Return Density Against Market

Assuming 30 trading days horizon, Fidelity US Loan Inc EUR has beta of -0.0016 suggesting as returns on benchmark increase, returns on holding Fidelity are expected to decrease at a much smaller rate. During bear market, however, Fidelity US Loan Inc EUR is likely to outperform the market. Additionally, Fidelity US Loan Inc EUR 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 Fidelity is 1134.68. The daily returns are destributed with a variance of 0.12 and standard deviation of 0.34. The mean deviation of Fidelity US Loan Inc EUR is currently at 0.22. For similar time horizon, the selected benchmark (DOW) has volatility of 1.09
α
Alpha over DOW
=0.08
β
Beta against DOW=0.0016
σ
Overall volatility
=0.34
Ir
Information ratio =0.26

Fidelity Return Volatility

Fidelity US Loan Inc EUR accepts 0.3432% volatility on return distribution over the 30 days horizon. DOW inherits 1.0175% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Fidelity Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Fidelity Investment Opportunity

DOW has a standard deviation of returns of 1.02 and is 3.0 times more volatile than Fidelity US Loan Inc EUR. 3% of all equities and portfolios are less risky than Fidelity. Compared to the overall equity markets, volatility of historical daily returns of Fidelity US Loan Inc EUR is lower than 3 (%) of all global equities and portfolios over the last 30 days. Use Fidelity US Loan Inc EUR to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Fidelity to be traded at €96.98 in 30 days. As returns on market increase, returns on owning Fidelity are expected to decrease at a much smaller rate. During bear market, Fidelity is likely to outperform the market.

Fidelity correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Fidelity US Loan Inc EUR and equity matching DJI index in the same portfolio.

Fidelity Volatility Indicators

Fidelity US Loan Inc EUR Current Risk Indicators

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