BNY Mellon (Ireland) Risk Analysis And Volatility

IE0032722484 -- Ireland Fund  

EUR 2.04  0.0015  0.07%

We consider BNY Mellon not very risky. BNY Mellon Euroland secures Sharpe Ratio (or Efficiency) of 0.0904 which signifies that the fund had 0.0904% of return per unit of volatility over the last 2 months. Our approach towards foreseeing 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 BNY Mellon Euroland Bond C EUR which you can use to evaluate future volatility of the entity. Please confirm BNY Mellon Euroland to double-check if risk estimate we provide are consistent with the epected return of 0.025%.
Horizon     30 Days    Login   to change

BNY Mellon Euroland Technical Analysis

The output start index for this execution was zero with a total number of output elements of thirty-nine. BNY Mellon Euroland 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.

BNY Mellon Projected Return Density Against Market

Assuming 30 trading days horizon, BNY Mellon has beta of 0.0 . This indicates the returns on DOW and BNY Mellon do not appear to be sensitive. Furthermore, It does not look like the company alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
Assuming 30 trading days horizon, the coefficient of variation of BNY Mellon is 1106.48. The daily returns are destributed with a variance of 0.08 and standard deviation of 0.28. The mean deviation of BNY Mellon Euroland Bond C EUR is currently at 0.17. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
Alpha over DOW
Beta against DOW=0.00
Overall volatility
Information ratio =0.00

BNY Mellon Return Volatility

the fund accepts 0.2767% volatility on return distribution over the 30 days horizon. the entity inherits 1.8781% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Market Risk Breakdown

BNY Mellon Volatility Factors

60 Days Market Risk

Not very risky

Chance of Distress in 24 months

Very Small

60 Days Economic Sensitivity

Ignores market trends

Investment Outlook

BNY Mellon Investment Opportunity

DOW has a standard deviation of returns of 1.88 and is 6.71 times more volatile than BNY Mellon Euroland Bond C EUR. 2% of all equities and portfolios are less risky than BNY Mellon. Compared to the overall equity markets, volatility of historical daily returns of BNY Mellon Euroland Bond C EUR is lower than 2 (%) of all global equities and portfolios over the last 30 days.

BNY Mellon Volatility Indicators

BNY Mellon Euroland Bond C EUR Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.