Stone Harbor (Ireland) Risk Analysis And Volatility Evaluation

IE00B1YBS121 -- Ireland Fund  

USD 180.44  0.71  0.40%

We consider Stone Harbor unknown risk. Stone Harbor IF owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.5774 which indicates Stone Harbor IF had 0.5774% of return per unit of risk over the last 1 month. Our philosophy towards measuring 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 Stone Harbor IF Emerg Mkts Dbt I USD Acc which you can use to evaluate future volatility of the fund. Please validate Stone Harbor Coefficient Of Variation of 391.87 and Risk Adjusted Performance of 0.1183 to confirm if risk estimate we provide are consistent with the epected return of 0.1317%.
Horizon     30 Days    Login   to change

Stone Harbor Market Sensitivity

As returns on market increase, returns on owning Stone Harbor are expected to decrease at a much smaller rate. During bear market, Stone Harbor is likely to outperform the market.
One Month Beta |Analyze Stone Harbor IF Demand Trend
Check current 30 days Stone Harbor correlation with market (DOW)
β = -0.1404
Stone Harbor Almost negative betaStone Harbor IF Beta Legend

Stone Harbor IF Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Stone Harbor Projected Return Density Against Market

Assuming 30 trading days horizon, Stone Harbor IF Emerg Mkts Dbt I USD Acc has beta of -0.1404 . This indicates as returns on benchmark increase, returns on holding Stone Harbor are expected to decrease at a much smaller rate. During bear market, however, Stone Harbor IF Emerg Mkts Dbt I USD Acc is likely to outperform the market. Moreover, Stone Harbor IF Emerg Mkts Dbt I USD Acc has an alpha of 0.1646 implying that it can potentially generate 0.1646% 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 Stone Harbor is 173.21. The daily returns are destributed with a variance of 0.05 and standard deviation of 0.23. The mean deviation of Stone Harbor IF Emerg Mkts Dbt I USD Acc is currently at 0.18. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.16
β
Beta against DOW=0.14
σ
Overall volatility
=0.23
Ir
Information ratio =0.04

Stone Harbor Return Volatility

Stone Harbor IF Emerg Mkts Dbt I USD Acc accepts 0.2281% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Stone Harbor Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Stone Harbor Investment Opportunity

DOW has a standard deviation of returns of 0.45 and is 1.96 times more volatile than Stone Harbor IF Emerg Mkts Dbt I USD Acc. 2% of all equities and portfolios are less risky than Stone Harbor. Compared to the overall equity markets, volatility of historical daily returns of Stone Harbor IF Emerg Mkts Dbt I USD Acc is lower than 2 (%) of all global equities and portfolios over the last 30 days. Use Stone Harbor IF Emerg Mkts Dbt I USD Acc to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Stone Harbor to be traded at $189.46 in 30 days. As returns on market increase, returns on owning Stone Harbor are expected to decrease at a much smaller rate. During bear market, Stone Harbor is likely to outperform the market.

Stone Harbor correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Stone Harbor IF Emerg Mkts Dbt and equity matching DJI index in the same portfolio.

Stone Harbor Volatility Indicators

Stone Harbor IF Emerg Mkts Dbt I USD Acc Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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