Davy Ethical (Ireland) Risk Analysis And Volatility Evaluation

F00000W960 -- Ireland Fund  

EUR 212.09  3.08  1.43%

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 Davy Ethical Equity A EUR Acc which you can use to evaluate future volatility of the entity. Please confirm Davy Ethical Equity Coefficient Of Variation of 239.03 and Mean Deviation of 0.3606 to check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Davy Ethical Market Sensitivity

As returns on market increase, returns on owning Davy Ethical are expected to decrease at a much smaller rate. During bear market, Davy Ethical is likely to outperform the market.
One Month Beta |Analyze Davy Ethical Equity Demand Trend
Check current 30 days Davy Ethical correlation with market (DOW)
β = -0.0077
Davy Ethical Central Price Deviations

Davy Ethical Equity Technical Analysis

Transformation
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Davy Ethical Projected Return Density Against Market

Assuming 30 trading days horizon, Davy Ethical Equity A EUR Acc has beta of -0.0077 suggesting as returns on benchmark increase, returns on holding Davy Ethical are expected to decrease at a much smaller rate. During bear market, however, Davy Ethical Equity A EUR Acc is likely to outperform the market. Moreover, Davy Ethical Equity A EUR Acc has an alpha of 0.1827 implying that it can potentially generate 0.1827% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.18
β
Beta against DOW=0.0077
σ
Overall volatility
=0.00
Ir
Information ratio =0.42

Davy Ethical Return Volatility

Davy Ethical Equity A EUR Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2425% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Davy Ethical Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Davy Ethical Investment Opportunity

DOW has a standard deviation of returns of 1.24 and is 9.223372036854776E16 times more volatile than Davy Ethical Equity A EUR Acc. 0% of all equities and portfolios are less risky than Davy Ethical. Compared to the overall equity markets, volatility of historical daily returns of Davy Ethical Equity A EUR Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Davy Ethical Equity A EUR Acc to protect against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Davy Ethical to be traded at €205.73 in 30 days. As returns on market increase, returns on owning Davy Ethical are expected to decrease at a much smaller rate. During bear market, Davy Ethical is likely to outperform the market.

Davy Ethical correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Davy Ethical Equity A EUR Acc and equity matching DJI index in the same portfolio.

Davy Ethical Volatility Indicators

Davy Ethical Equity A EUR Acc Current Risk Indicators

Additionally see Investing Opportunities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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