BlackRock ISF (Ireland) Risk Analysis And Volatility Evaluation

IE00B040CX25 -- Ireland Fund  

USD 23.52  0.24  1.03%

We consider BlackRock ISF not too risky. BlackRock ISF North secures Sharpe Ratio (or Efficiency) of 0.1078 which signifies that BlackRock ISF North had 0.1078% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for BlackRock ISF North America Idx which you can use to evaluate future volatility of the entity. Please confirm BlackRock ISF North to double-check if risk estimate we provide are consistent with the epected return of 0.0917%.
 Time Horizon     30 Days    Login   to change

BlackRock ISF North Technical Analysis

The output start index for this execution was zero with a total number of output elements of seventeen. BlackRock ISF North 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.

Projected Return Density Against Market

Assuming 30 trading days horizon, BlackRock ISF has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and BlackRock ISF are completely uncorrelated. Furthermore, BlackRock ISF North America IdxIt does not look like BlackRock ISF alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
Assuming 30 trading days horizon, the coefficient of variation of BlackRock ISF is 927.99. The daily returns are destributed with a variance of 0.72 and standard deviation of 0.85. The mean deviation of BlackRock ISF North America Idx is currently at 0.57. For similar time horizon, the selected benchmark (DOW) has volatility of 0.62
Alpha over DOW
Beta against DOW=0.00
Overall volatility
Information ratio =0.00

Actual Return Volatility

BlackRock ISF North America Idx accepts 0.851% volatility on return distribution over the 30 days horizon. DOW inherits 0.5886% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Market Risk Breakdown

BlackRock ISF Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Almost imposible

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

BlackRock ISF Investment Opportunity
BlackRock ISF North America Idx has a volatility of 0.85 and is 1.44 times more volatile than DOW. 7% of all equities and portfolios are less risky than BlackRock ISF. Compared to the overall equity markets, volatility of historical daily returns of BlackRock ISF North America Idx is lower than 7 (%) of all global equities and portfolios over the last 30 days.

BlackRock ISF Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.