Hermes Asia (Ireland) Risk Analysis And Volatility

Our philosophy towards determining 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 Hermes Asia Ex which you can use to evaluate future volatility of the entity. Please check out Hermes Asia Market Risk Adjusted Performance of (0.86) and Risk Adjusted Performance of (0.13) to validate if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Hermes Asia Market Sensitivity

As returns on market increase, Hermes Asia returns are expected to increase less than the market. However during bear market, the loss on holding Hermes Asia will be expected to be smaller as well.
2 Months Beta |Analyze Hermes Asia Ex Demand Trend
Check current 30 days Hermes Asia correlation with market (DOW)
β = 0.197

Hermes Asia Central Daily Price Deviation

Hermes Asia Ex Technical Analysis

Transformation
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Hermes Asia Projected Return Density Against Market

Assuming 30 trading days horizon, Hermes Asia has beta of 0.197 suggesting as returns on market go up, Hermes Asia average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Hermes Asia Ex Japan Equity C EUR Acc will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Hermes Asia Ex is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.19
β
Beta against DOW=0.20
σ
Overall volatility
=0.00
Ir
Information ratio =0.11

Hermes Asia Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.8152% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Hermes Asia Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Hermes Asia Investment Opportunity

DOW has a standard deviation of returns of 1.82 and is 9.223372036854776E16 times more volatile than Hermes Asia Ex Japan Equity C EUR Acc. 0% of all equities and portfolios are less risky than Hermes Asia. Compared to the overall equity markets, volatility of historical daily returns of Hermes Asia Ex Japan Equity C EUR Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Hermes Asia Ex Japan Equity C EUR Acc to protect your portfolios against small markets fluctuations. The fund experiences very speculative upward sentiment. Check odds of Hermes Asia to be traded at €0.0 in 30 days. . As returns on market increase, Hermes Asia returns are expected to increase less than the market. However during bear market, the loss on holding Hermes Asia will be expected to be smaller as well.

Hermes Asia correlation with market

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Hermes Asia Ex Japan Equity C and equity matching DJI index in the same portfolio.

Hermes Asia Volatility Indicators

Hermes Asia Ex Japan Equity C EUR Acc Current Risk Indicators

Additionally see Investing Opportunities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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