Our way in which we are determining 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 IE00B3BQJQ60 which you can use to evaluate future volatility of the entity. Please check out IE00B3BQJQ60 Standard Deviation of 0.1026 and Market Risk Adjusted Performance of 1.11 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
IE00B3BQJQ60 Market Sensitivity
|As returns on market increase, returns on owning IE00B3BQJQ60 are expected to decrease at a much smaller rate. During bear market, IE00B3BQJQ60 is likely to outperform the market. 2 Months Beta |Analyze IE00B3BQJQ60 Demand TrendCheck current 30 days IE00B3BQJQ60 correlation with market (DOW)|
β = -0.0132
IE00B3BQJQ60 Central Daily Price Deviation
IE00B3BQJQ60 Technical Analysis
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IE00B3BQJQ60 Projected Return Density Against MarketAssuming 30 trading days horizon, IE00B3BQJQ60 has beta of -0.0132 . This indicates as returns on benchmark increase, returns on holding IE00B3BQJQ60 are expected to decrease at a much smaller rate. During bear market, however, IE00B3BQJQ60 is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. IE00B3BQJQ60 is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.01|
|Beta against DOW||=||0.01|
IE00B3BQJQ60 Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9131% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.91 and is 9.223372036854776E16 times more volatile than IE00B3BQJQ60. 0% of all equities and portfolios are less risky than IE00B3BQJQ60. Compared to the overall equity markets, volatility of historical daily returns of IE00B3BQJQ60 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use IE00B3BQJQ60 to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of IE00B3BQJQ60 to be traded at p;974.16 in 30 days. . As returns on market increase, returns on owning IE00B3BQJQ60 are expected to decrease at a much smaller rate. During bear market, IE00B3BQJQ60 is likely to outperform the market.
IE00B3BQJQ60 correlation with market