Dimensional World (Ireland) Risk Analysis And Volatility Evaluation

IE00B458ZH80 -- Ireland Fund  

USD 12.00  0.30  2.44%

Our philosophy towards predicting volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Dimensional World Equity USD which you can use to evaluate future volatility of the entity. Please confirm Dimensional World Eq Coefficient Of Variation of 2,879 and Mean Deviation of 0.4269 to check if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

Dimensional World Market Sensitivity

As returns on market increase, Dimensional World returns are expected to increase less than the market. However during bear market, the loss on holding Dimensional World will be expected to be smaller as well.
One Month Beta |Analyze Dimensional World Eq Demand Trend
Check current 30 days Dimensional World correlation with market (DOW)
β = 0.3828
Dimensional World Small BetaDimensional World Eq Beta Legend

Dimensional World Eq 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.

Projected Return Density Against Market

Assuming 30 trading days horizon, Dimensional World has beta of 0.3828 . This indicates as returns on market go up, Dimensional World average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Dimensional World Equity USD will be expected to be much smaller as well. Additionally, Dimensional World Equity USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.08
β
Beta against DOW=0.38
σ
Overall volatility
=0.00
Ir
Information ratio =0.17

Actual Return Volatility

Dimensional World Equity USD accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5516% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Dimensional World Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Dimensional World Investment Opportunity
DOW has a standard deviation of returns of 0.55 and is 9.223372036854776E16 times more volatile than Dimensional World Equity USD. 0% of all equities and portfolios are less risky than Dimensional World. Compared to the overall equity markets, volatility of historical daily returns of Dimensional World Equity USD is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Dimensional World Equity USD to protect against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Dimensional World to be traded at $11.52 in 30 days. As returns on market increase, Dimensional World returns are expected to increase less than the market. However during bear market, the loss on holding Dimensional World will be expected to be smaller as well.

Dimensional World correlation with market

Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding Dimensional World Equity USD I and equity matching DJI index in the same portfolio.

Volatility Indicators

Dimensional World Current Risk Indicators
Please also check Risk vs Return Analysis. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.