Davy Global (Ireland) Risk Analysis And Volatility Evaluation

F00000VRLR -- Ireland Fund  

EUR 233.51  0.18  0.08%

Macroaxis considers Davy Global unknown risk given 1 month investment horizon. Davy Global Brands secures Sharpe Ratio (or Efficiency) of 0.5787 which denotes Davy Global Brands had 0.5787% 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 company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Davy Global Brands Equity A Acc which you can use to evaluate future volatility of the entity. Please utilize Davy Global Brands to check if our risk estimates are consistent with your expectations.
 Time Horizon     30 Days    Login   to change

Davy Global Brands Technical Analysis

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Projected Return Density Against Market

Assuming 30 trading days horizon, Davy Global has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Davy Global are completely uncorrelated. Furthermore, Davy Global Brands Equity A AccIt does not look like Davy Global alpha can have any bearing on the equity current valuation.
Assuming 30 trading days horizon, the coefficient of variation of Davy Global is 172.8. The daily returns are destributed with a variance of 0.15 and standard deviation of 0.39. The mean deviation of Davy Global Brands Equity A Acc is currently at 0.32. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
Alpha over DOW
Beta against DOW=0.00
Overall volatility
Information ratio =0.00

Actual Return Volatility

Davy Global Brands Equity A Acc accepts 0.3926% volatility on return distribution over the 30 days horizon. DOW inherits 0.0% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
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