Hermes Asia (Ireland) Risk Analysis And Volatility Evaluation

F00000VIC4 -- Ireland Fund  

GBp 166.00  2.00  1.19%

We consider Hermes Asia unknown risk. Hermes Asia Ex holds Efficiency (Sharpe) Ratio of 0.0653 which attests that Hermes Asia Ex had 0.0653% of return per unit of risk over the last 1 month. 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 to validate if risk estimate we provide are consistent with the epected return of 0.1388%.
Horizon     30 Days    Login   to change

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 0.0 suggesting unless we do not have required data, the returns on DOW and Hermes Asia are completely uncorrelated. Furthermore, Hermes Asia Ex Japan Equity C GBPIt does not look like Hermes Asia alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Hermes Asia is 1531.89. The daily returns are destributed with a variance of 4.52 and standard deviation of 2.13. The mean deviation of Hermes Asia Ex Japan Equity C GBP is currently at 1.42. For similar time horizon, the selected benchmark (DOW) has volatility of 1.02
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=2.13
Ir
Information ratio =0.00

Hermes Asia Return Volatility

Hermes Asia Ex Japan Equity C GBP accepts 2.1257% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Hermes Asia Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Hermes Asia Investment Opportunity

Hermes Asia Ex Japan Equity C GBP has a volatility of 2.13 and is 2.03 times more volatile than DOW. 19% 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 GBP is lower than 19 (%) of all global equities and portfolios over the last 30 days.

Hermes Asia Volatility Indicators

Hermes Asia Ex Japan Equity C GBP Current Risk Indicators

Additionally see Investing Opportunities. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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