First State (Ireland) Risk Analysis And Volatility Evaluation

IE00B29SXK94 -- Ireland Fund  

USD 12.48  0.12  0.97%

We consider First State unknown risk. First State Glbl secures Sharpe Ratio (or Efficiency) of 0.0032 which denotes First State Glbl had 0.0032% of return per unit of risk over the last 1 month. 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 to check if risk estimate we provide are consistent with the epected return of 0.0023%.
Horizon     30 Days    Login   to change

First State Glbl Technical Analysis

Transformation
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First State Projected Return Density Against Market

Assuming 30 trading days horizon, First State has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and First State are completely uncorrelated. Furthermore, First State Glbl Listed Infra I AccIt does not look like First State alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of First State is 31529.34. The daily returns are destributed with a variance of 0.54 and standard deviation of 0.73. The mean deviation of First State Glbl Listed Infra I Acc is currently at 0.41. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.73
Ir
Information ratio =0.00

First State Return Volatility

First State Glbl Listed Infra I Acc accepts 0.7342% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

First State Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

First State Investment Opportunity

First State Glbl Listed Infra I Acc has a volatility of 0.73 and is 1.74 times more volatile than DOW. 6% 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 6 (%) of all global equities and portfolios over the last 30 days.

First State Volatility Indicators

First State Glbl Listed Infra I Acc Current Risk Indicators

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