Merrion Balanced (Ireland) Risk Analysis And Volatility Evaluation

IE00B1FQCH09 -- Ireland Fund  

EUR 1.39  0.02  1.46%

Macroaxis considers Merrion Balanced to be unknown risk. Merrion Balanced has Sharpe Ratio of -0.4082 which conveys that Merrion Balanced had -0.4082% of return per unit of risk over the last 2 months. Macroaxis philosophy towards estimating 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. Merrion Balanced exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Merrion Balanced to check out risk estimate we provide.
Horizon     30 Days    Login   to change

Merrion Balanced Technical Analysis

Transformation
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Merrion Balanced Projected Return Density Against Market

Assuming 30 trading days horizon, Merrion Balanced has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Merrion Balanced are completely uncorrelated. Furthermore, Merrion BalancedIt does not look like Merrion Balanced alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Merrion Balanced is -244.95. The daily returns are destributed with a variance of 2.01 and standard deviation of 1.42. The mean deviation of Merrion Balanced is currently at 0.96. For similar time horizon, the selected benchmark (DOW) has volatility of 1.32
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.42
Ir
Information ratio =0.00

Merrion Balanced Return Volatility

Merrion Balanced accepts 1.4175% volatility on return distribution over the 30 days horizon. DOW inherits 1.3328% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Merrion Balanced Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Merrion Balanced Investment Opportunity

Merrion Balanced has a volatility of 1.42 and is 1.07 times more volatile than DOW. 12% of all equities and portfolios are less risky than Merrion Balanced. Compared to the overall equity markets, volatility of historical daily returns of Merrion Balanced is lower than 12 (%) of all global equities and portfolios over the last 30 days.

Merrion Balanced Volatility Indicators

Merrion Balanced Current Risk Indicators

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