IE00B45KP075 (Ireland) Risk Analysis And Volatility Evaluation

IE00B45KP075 -- Ireland Fund  

EUR 13.34  0.05  0.37%

We consider IE00B45KP075 unknown risk. IE00B45KP075 IR retains Efficiency (Sharpe Ratio) of 0.4796 which attests that IE00B45KP075 IR had 0.4796% of return per unit of price deviation over the last 1 month. 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 IE00B45KP075 which you can use to evaluate future volatility of the entity. Please check out IE00B45KP075 IR Standard Deviation of 0.0285 and Market Risk Adjusted Performance of 1.33 to validate if risk estimate we provide are consistent with the epected return of 0.1699%.
Horizon     30 Days    Login   to change

IE00B45KP075 Market Sensitivity

As returns on market increase, returns on owning IE00B45KP075 are expected to decrease at a much smaller rate. During bear market, IE00B45KP075 is likely to outperform the market.
One Month Beta |Analyze IE00B45KP075 IR Demand Trend
Check current 30 days IE00B45KP075 correlation with market (DOW)
β = -0.0102
IE00B45KP075 Almost negative betaIE00B45KP075 IR Beta Legend

IE00B45KP075 IR 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.

IE00B45KP075 Projected Return Density Against Market

Assuming 30 trading days horizon, IE00B45KP075 IR has beta of -0.0102 . This indicates as returns on benchmark increase, returns on holding IE00B45KP075 are expected to decrease at a much smaller rate. During bear market, however, IE00B45KP075 IR is likely to outperform the market. Additionally, IE00B45KP075 IR 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 
Assuming 30 trading days horizon, the coefficient of variation of IE00B45KP075 is 208.51. The daily returns are destributed with a variance of 0.13 and standard deviation of 0.35. The mean deviation of IE00B45KP075 IR is currently at 0.25. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.01
β
Beta against DOW=0.01
σ
Overall volatility
=0.35
Ir
Information ratio =5.69

IE00B45KP075 Return Volatility

IE00B45KP075 IR accepts 0.3542% volatility on return distribution over the 30 days horizon. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

IE00B45KP075 Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

IE00B45KP075 Investment Opportunity

DOW has a standard deviation of returns of 0.43 and is 1.23 times more volatile than IE00B45KP075 IR. 3% of all equities and portfolios are less risky than IE00B45KP075. Compared to the overall equity markets, volatility of historical daily returns of IE00B45KP075 IR is lower than 3 (%) of all global equities and portfolios over the last 30 days. Use IE00B45KP075 IR to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of IE00B45KP075 to be traded at €13.21 in 30 days. As returns on market increase, returns on owning IE00B45KP075 are expected to decrease at a much smaller rate. During bear market, IE00B45KP075 is likely to outperform the market.

IE00B45KP075 correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding IE00B45KP075 IR and equity matching DJI index in the same portfolio.

IE00B45KP075 Volatility Indicators

IE00B45KP075 IR Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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