First State (Ireland) Risk Analysis And Volatility

IE00B29SXK94 -- Ireland Fund  

USD 12.01  0.16  1.31%

Our philosophy towards predicting 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 First State Glbl Listed Infra I Acc which you can use to evaluate future volatility of the entity. Please confirm First State Glbl Coefficient Of Variation of 742.74 and Mean Deviation of 0.2722 to check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

First State Market Sensitivity

As returns on market increase, First State returns are expected to increase less than the market. However during bear market, the loss on holding First State will be expected to be smaller as well.
2 Months Beta |Analyze First State Glbl Demand Trend
Check current 30 days First State correlation with market (DOW)
β = 0.0461

First State Central Daily Price Deviation

First State Glbl 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.

First State Projected Return Density Against Market

Assuming 30 trading days horizon, First State has beta of 0.0461 . This indicates as returns on market go up, First State average returns are expected to increase less than the benchmark. However during bear market, the loss on holding First State Glbl Listed Infra I Acc will be expected to be much smaller as well. Moreover, The company has an alpha of 0.0598 implying that it can potentially generate 0.0598% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.06
β
Beta against DOW=0.0461
σ
Overall volatility
=0.00
Ir
Information ratio =0.05

First State Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6987% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

First State Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

First State Investment Opportunity

DOW has a standard deviation of returns of 0.7 and is 9.223372036854776E16 times more volatile than First State Glbl Listed Infra I Acc. 0% of all equities and portfolios are less risky than First State. Compared to the overall equity markets, volatility of historical daily returns of First State Glbl Listed Infra I Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use First State Glbl Listed Infra I Acc to protect your portfolios against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of First State to be traded at $11.65 in 30 days. . As returns on market increase, First State returns are expected to increase less than the market. However during bear market, the loss on holding First State will be expected to be smaller as well.

First State correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding First State Glbl Listed Infra and equity matching DJI index in the same portfolio.

First State Volatility Indicators

First State Glbl Listed Infra I Acc Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.
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