Perkins US (Ireland) Risk Analysis And Volatility Evaluation

F0GBR04CLQ -- Ireland Fund  

USD 26.97  0.18  0.66%

We consider Perkins US unknown risk. Perkins US Strategic maintains Sharpe Ratio (i.e. Efficiency) of 0.6139 which implies Perkins US Strategic had 0.6139% of return per unit of risk over the last 1 month. Our philosophy towards forecasting 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 Perkins US Strategic which you can use to evaluate future volatility of the fund. Please check Perkins US Strategic Coefficient Of Variation of 686.37 and Risk Adjusted Performance of 0.0643 to confirm if risk estimate we provide are consistent with the epected return of 0.1781%.
Horizon     30 Days    Login   to change

Perkins US Market Sensitivity

One Month Beta |Analyze Perkins US Strategic Demand Trend
Check current 30 days Perkins US correlation with market (DOW)
β = -1.1013
Perkins US llmost one BetaPerkins US Strategic Beta Legend

Perkins US Strategic Technical Analysis

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Perkins US Projected Return Density Against Market

Assuming 30 trading days horizon, Perkins US Strategic Value A USD Acc has beta of -1.1013 suggesting Moreover, Perkins US Strategic Value A USD Acc has an alpha of 0.2722 implying that it can potentially generate 0.2722% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
Assuming 30 trading days horizon, the coefficient of variation of Perkins US is 162.89. The daily returns are destributed with a variance of 0.08 and standard deviation of 0.29. The mean deviation of Perkins US Strategic Value A USD Acc is currently at 0.21. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39
Alpha over DOW
Beta against DOW=1.1
Overall volatility
Information ratio =0.06

Perkins US Return Volatility

Perkins US Strategic Value A USD Acc accepts 0.2901% volatility on return distribution over the 30 days horizon. DOW inherits 0.3914% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Market Risk Breakdown

Perkins US Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity


Investment Outlook

Perkins US Investment Opportunity

DOW has a standard deviation of returns of 0.39 and is 1.34 times more volatile than Perkins US Strategic Value A USD Acc. 2% of all equities and portfolios are less risky than Perkins US. Compared to the overall equity markets, volatility of historical daily returns of Perkins US Strategic Value A USD Acc is lower than 2 (%) of all global equities and portfolios over the last 30 days. Use Perkins US Strategic Value A USD Acc to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Perkins US to be traded at $26.43 in 30 days.

Perkins US correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Perkins US Strategic Value A U and equity matching DJI index in the same portfolio.

Perkins US Volatility Indicators

Perkins US Strategic Value A USD Acc Current Risk Indicators

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