Charlemagne Magna (Ireland) Risk Analysis And Volatility Evaluation

F0GBR06QAN -- Ireland Fund  

EUR 9.16  0.02  0.22%

Macroaxis considers Charlemagne Magna to be unknown risk. Charlemagne Magna secures Sharpe Ratio (or Efficiency) of -0.5774 which signifies that Charlemagne Magna had -0.5774% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in foreseeing 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. Charlemagne Magna Africa C exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Charlemagne Magna Mean Deviation of 0.7734 and Risk Adjusted Performance of 0.1 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

Charlemagne Magna Market Sensitivity

As returns on market increase, Charlemagne Magna returns are expected to increase less than the market. However during bear market, the loss on holding Charlemagne Magna will be expected to be smaller as well.
One Month Beta |Analyze Charlemagne Magna Demand Trend
Check current 30 days Charlemagne Magna correlation with market (DOW)
β = 0.5447
Charlemagne Magna Small BetaCharlemagne Magna Beta Legend

Charlemagne Magna Technical Analysis

Transformation
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Charlemagne Magna Projected Return Density Against Market

Assuming 30 trading days horizon, Charlemagne Magna has beta of 0.5447 suggesting as returns on market go up, Charlemagne Magna average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Charlemagne Magna Africa C will be expected to be much smaller as well. Additionally, Charlemagne Magna Africa C has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Charlemagne Magna is -173.21. The daily returns are destributed with a variance of 24.55 and standard deviation of 4.96. The mean deviation of Charlemagne Magna Africa C is currently at 3.81. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39
α
Alpha over DOW
=0.32
β
Beta against DOW=0.54
σ
Overall volatility
=4.96
Ir
Information ratio =0.36

Charlemagne Magna Return Volatility

Charlemagne Magna Africa C accepts 4.9553% volatility on return distribution over the 30 days horizon. DOW inherits 0.3914% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Charlemagne Magna Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Charlemagne Magna Investment Opportunity

Charlemagne Magna Africa C has a volatility of 4.96 and is 12.72 times more volatile than DOW. 45% of all equities and portfolios are less risky than Charlemagne Magna. Compared to the overall equity markets, volatility of historical daily returns of Charlemagne Magna Africa C is lower than 45 (%) of all global equities and portfolios over the last 30 days. Use Charlemagne Magna Africa C to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Charlemagne Magna to be traded at €9.62 in 30 days. As returns on market increase, Charlemagne Magna returns are expected to increase less than the market. However during bear market, the loss on holding Charlemagne Magna will be expected to be smaller as well.

Charlemagne Magna correlation with market

Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding Charlemagne Magna Africa C and equity matching DJI index in the same portfolio.

Charlemagne Magna Volatility Indicators

Charlemagne Magna Africa C Current Risk Indicators

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