GAM Star (Ireland) Risk Analysis And Volatility Evaluation

F00000X00E -- Ireland Fund  

EUR 10.35  0.00  0.00%

Our approach towards determining 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 GAM Star Cat which you can use to evaluate future volatility of the entity. Please check out GAM Star to validate if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

GAM Star Market Sensitivity

As returns on market increase, returns on owning GAM Star are expected to decrease at a much smaller rate. During bear market, GAM Star is likely to outperform the market.
One Month Beta |Analyze GAM Star Cat Demand Trend
Check current 30 days GAM Star correlation with market (DOW)
β = -0.4991
GAM Star Almost negative betaGAM Star Cat Beta Legend

GAM Star Cat Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Projected Return Density Against Market

Assuming 30 trading days horizon, GAM Star Cat Bond A EUR Acc has beta of -0.4991 suggesting as returns on benchmark increase, returns on holding GAM Star are expected to decrease at a much smaller rate. During bear market, however, GAM Star Cat Bond A EUR Acc is likely to outperform the market. Moreover, GAM Star Cat Bond A EUR Acc has an alpha of 0.1144 implying that it can potentially generate 0.1144% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.11
β
Beta against DOW=0.5
σ
Overall volatility
=0.00
Ir
Information ratio =0.05

Actual Return Volatility

GAM Star Cat Bond A EUR Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5516% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

GAM Star Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

GAM Star Investment Opportunity
DOW has a standard deviation of returns of 0.55 and is 9.223372036854776E16 times more volatile than GAM Star Cat Bond A EUR Acc. 0% of all equities and portfolios are less risky than GAM Star. Compared to the overall equity markets, volatility of historical daily returns of GAM Star Cat Bond A EUR Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use GAM Star Cat Bond A EUR Acc to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of GAM Star to be traded at €10.25 in 30 days. As returns on market increase, returns on owning GAM Star are expected to decrease at a much smaller rate. During bear market, GAM Star is likely to outperform the market.

GAM Star correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding GAM Star Cat Bond A EUR Acc and equity matching DJI index in the same portfolio.
Additionally see Investing Opportunities. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.