Glanbia plc (Ireland) Risk Analysis And Volatility

GL9 -- Ireland Stock  

EUR 16.98  0.20  1.16%

Macroaxis considers Glanbia plc to be unknown risk. Glanbia plc holds Efficiency (Sharpe) Ratio of -0.111 which attests that the entity had -0.111% of return per unit of standard deviation over the last 2 months. Macroaxis philosophy in determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Glanbia plc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Glanbia plc Risk Adjusted Performance of 0.0149 and Market Risk Adjusted Performance of (0.006551) to validate risk estimate we provide.

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant
Horizon     30 Days    Login   to change

Glanbia plc Market Sensitivity

Glanbia plc Technical Analysis

Transformation
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Glanbia plc Projected Return Density Against Market

Assuming 30 trading days horizon, Glanbia plc has beta of -1.0329 . This indicates Moreover, The company has an alpha of 0.1495 implying that it can potentially generate 0.1495% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Glanbia plc is -900.65. The daily returns are destributed with a variance of 3.3 and standard deviation of 1.82. The mean deviation of Glanbia plc is currently at 1.31. For similar time horizon, the selected benchmark (DOW) has volatility of 0.64
α
Alpha over DOW
=0.15
β
Beta against DOW=1.03
σ
Overall volatility
=1.82
Ir
Information ratio =0.05

Glanbia plc Return Volatility

the enterprise assumes 1.8174% volatility of returns over the 30 days investment horizon. the entity inherits 0.5838% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Glanbia plc Investment Opportunity

Glanbia plc has a volatility of 1.82 and is 3.14 times more volatile than DOW. 16% of all equities and portfolios are less risky than Glanbia plc. Compared to the overall equity markets, volatility of historical daily returns of Glanbia plc is lower than 16 (%) of all global equities and portfolios over the last 30 days. Use Glanbia plc to protect your portfolios against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Glanbia plc to be traded at €16.47 in 30 days. .

Glanbia plc correlation with market

correlation synergy
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Glanbia plc and equity matching DJI index in the same portfolio.

Glanbia plc Current Risk Indicators

Glanbia plc Suggested Diversification Pairs

Please also check Risk vs Return Analysis. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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