Merrion Balanced (Ireland) Risk Analysis And Volatility Evaluation

IE00B1FQCH09 -- Ireland Fund  

EUR 1.51  0.01  0.66%

We consider Merrion Balanced unknown risk. Merrion Balanced has Sharpe Ratio of 0.0036 which conveys that Merrion Balanced had 0.0036% of return per unit of risk over the last 1 month. Our philosophy towards estimating 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 Merrion Balanced which you can use to evaluate future volatility of the organization. Please verify Merrion Balanced to check out if risk estimate we provide are consistent with the epected return of 0.0029%.
 Time Horizon     30 Days    Login   to change

Merrion Balanced Technical Analysis

Transformation
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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 27956.09. The daily returns are destributed with a variance of 0.66 and standard deviation of 0.81. The mean deviation of Merrion Balanced is currently at 0.44. For similar time horizon, the selected benchmark (DOW) has volatility of 0.56
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.81
Ir
Information ratio =0.00

Actual Return Volatility

Merrion Balanced accepts 0.8138% volatility on return distribution over the 30 days horizon. DOW inherits 0.5506% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Merrion Balanced Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Merrion Balanced Investment Opportunity
Merrion Balanced has a volatility of 0.81 and is 1.47 times more volatile than DOW. 7% 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 7 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

Merrion Balanced Current Risk Indicators
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