Marriott (Ireland) Risk Analysis And Volatility

IE0031760055 -- Ireland Fund  

USD 1.64  0.0017  0.10%

We consider Marriott relatively volatile. Marriott IF Internat has Sharpe Ratio of 0.2972 which conveys that the entity had 0.2972% of return per unit of risk over the last 2 months. Our philosophy towards estimating 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 technical indicators for Marriott which you can use to evaluate future volatility of the organization. Please verify Marriott IF International Growth Risk Adjusted Performance of 0.2125, Coefficient Of Variation of 311.78 and Mean Deviation of 0.3821 to check out if risk estimate we provide are consistent with the epected return of 0.1462%.
Horizon     30 Days    Login   to change

Marriott Market Sensitivity

As returns on market increase, returns on owning Marriott are expected to decrease at a much smaller rate. During bear market, Marriott is likely to outperform the market.
2 Months Beta |Analyze Marriott IF Internat Demand Trend
Check current 30 days Marriott correlation with market (DOW)
β = -0.1321

Marriott Central Daily Price Deviation

Marriott IF Internat Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. Marriott IF Internat Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Marriott Projected Return Density Against Market

Assuming 30 trading days horizon, Marriott IF International Growth has beta of -0.1321 . This indicates as returns on benchmark increase, returns on holding Marriott are expected to decrease at a much smaller rate. During bear market, however, Marriott IF International Growth is likely to outperform the market. Moreover, The company has an alpha of 0.1697 implying that it can potentially generate 0.1697% 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 Marriott is 336.46. The daily returns are destributed with a variance of 0.24 and standard deviation of 0.49. The mean deviation of Marriott IF International Growth is currently at 0.38. For similar time horizon, the selected benchmark (DOW) has volatility of 0.67
α
Alpha over DOW
=0.17
β
Beta against DOW=0.13
σ
Overall volatility
=0.49
Ir
Information ratio =0.02

Marriott Return Volatility

the fund accepts 0.4918% volatility on return distribution over the 30 days horizon. the entity inherits 0.6323% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Marriott Volatility Factors

60 Days Market Risk

Relatively volatile

Chance of Distress in 24 months

60 Days Economic Sensitivity

Moves indifferently to market moves

Investment Outlook

Marriott Investment Opportunity

DOW has a standard deviation of returns of 0.63 and is 1.29 times more volatile than Marriott IF International Growth. 4% of all equities and portfolios are less risky than Marriott. Compared to the overall equity markets, volatility of historical daily returns of Marriott IF International Growth is lower than 4 (%) of all global equities and portfolios over the last 30 days. Use Marriott IF International Growth to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Marriott to be traded at $1.6236 in 30 days. . As returns on market increase, returns on owning Marriott are expected to decrease at a much smaller rate. During bear market, Marriott is likely to outperform the market.

Marriott correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Marriott IF International Grow and equity matching DJI index in the same portfolio.

Marriott Volatility Indicators

Marriott IF International Growth Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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