BNY Mellon (Ireland) Risk Analysis And Volatility Evaluation

IE00B42QQV61 -- Ireland Fund  

GBp 245.00  4.00  1.61%

Macroaxis considers BNY Mellon to be unknown risk. BNY Mellon Lg secures Sharpe Ratio (or Efficiency) of -0.0395 which signifies that BNY Mellon Lg had -0.0395% of return per unit of volatility over the last 1 month. Macroaxis approach towards foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. BNY Mellon Lg Trm Global Eq A GBP Acc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm BNY Mellon Lg to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

BNY Mellon Lg Technical Analysis

Transformation
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BNY Mellon Projected Return Density Against Market

Assuming 30 trading days horizon, BNY Mellon has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and BNY Mellon are completely uncorrelated. Furthermore, BNY Mellon Lg Trm Global Eq A GBP AccIt does not look like BNY Mellon alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of BNY Mellon is -2529.35. The daily returns are destributed with a variance of 2.14 and standard deviation of 1.46. The mean deviation of BNY Mellon Lg Trm Global Eq A GBP Acc is currently at 0.91. 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
=1.46
Ir
Information ratio =0.00

BNY Mellon Return Volatility

BNY Mellon Lg Trm Global Eq A GBP Acc accepts 1.4615% volatility on return distribution over the 30 days horizon. DOW inherits 0.4529% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

BNY Mellon Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

BNY Mellon Investment Opportunity

BNY Mellon Lg Trm Global Eq A GBP Acc has a volatility of 1.46 and is 3.24 times more volatile than DOW. 13% of all equities and portfolios are less risky than BNY Mellon. Compared to the overall equity markets, volatility of historical daily returns of BNY Mellon Lg Trm Global Eq A GBP Acc is lower than 13 (%) of all global equities and portfolios over the last 30 days.

BNY Mellon Volatility Indicators

BNY Mellon Lg Trm Global Eq A GBP Acc Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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