Iridian U (Ireland) Risk Analysis And Volatility Evaluation

F00000VIPX -- Ireland Fund  

GBp 14,200  21.00  0.15%

Macroaxis considers Iridian U to be unknown risk. Iridian U S holds Efficiency (Sharpe) Ratio of -0.1442 which attests that Iridian U S had -0.1442% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Iridian U S exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Iridian U Risk Adjusted Performance of 0.01 to validate risk estimate we provide.
 Time Horizon     30 Days    Login   to change

Iridian U S Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, Iridian U has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Iridian U are completely uncorrelated. Furthermore, Iridian U S Equity I GBPIt does not look like Iridian U alpha can have any bearing on the equity current valuation.
Assuming 30 trading days horizon, the coefficient of variation of Iridian U is -693.66. The daily returns are destributed with a variance of 2.23 and standard deviation of 1.49. The mean deviation of Iridian U S Equity I GBP is currently at 1.04. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.49
Ir
Information ratio =0.00

Actual Return Volatility

Iridian U S Equity I GBP accepts 1.4921% volatility on return distribution over the 30 days horizon. DOW inherits 0.0% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Iridian U Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Iridian U Investment Opportunity
Iridian U S Equity I GBP has a volatility of 1.49 and is 2.29 times more volatile than DOW. 13% of all equities and portfolios are less risky than Iridian U. Compared to the overall equity markets, volatility of historical daily returns of Iridian U S Equity I GBP is lower than 13 (%) of all global equities and portfolios over the last 30 days.
Additionally see Investing Opportunities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.