IE00B4NHK056 (Ireland) Risk Analysis And Volatility

IE00B4NHK056 -- Ireland Fund  

EUR 854.94  3.75  0.00%

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 IE00B4NHK056 which you can use to evaluate future volatility of the entity. Please check out IE00B4NHK056 Standard Deviation of 0.0664 and Market Risk Adjusted Performance of 0.0153 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

IE00B4NHK056 Market Sensitivity

As returns on market increase, IE00B4NHK056 returns are expected to increase less than the market. However during bear market, the loss on holding IE00B4NHK056 will be expected to be smaller as well.
2 Months Beta |Analyze IE00B4NHK056 Demand Trend
Check current 30 days IE00B4NHK056 correlation with market (DOW)
β = 0.0024

IE00B4NHK056 Central Daily Price Deviation

IE00B4NHK056 Technical Analysis

Transformation
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IE00B4NHK056 Projected Return Density Against Market

Assuming 30 trading days horizon, IE00B4NHK056 has beta of 0.0024 . This indicates as returns on market go up, IE00B4NHK056 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IE00B4NHK056 will be expected to be much smaller as well. Moreover, The company has an alpha of 1.0E-4 implying that it can potentially generate 1.0E-4% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0001
β
Beta against DOW=0.0024
σ
Overall volatility
=0.00
Ir
Information ratio =0.86

IE00B4NHK056 Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9746% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

IE00B4NHK056 Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

IE00B4NHK056 Investment Opportunity

DOW has a standard deviation of returns of 1.97 and is 9.223372036854776E16 times more volatile than IE00B4NHK056. 0% of all equities and portfolios are less risky than IE00B4NHK056. Compared to the overall equity markets, volatility of historical daily returns of IE00B4NHK056 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use IE00B4NHK056 to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of IE00B4NHK056 to be traded at €897.69 in 30 days. . As returns on market increase, IE00B4NHK056 returns are expected to increase less than the market. However during bear market, the loss on holding IE00B4NHK056 will be expected to be smaller as well.

IE00B4NHK056 correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding IE00B4NHK056 and equity matching DJI index in the same portfolio.

IE00B4NHK056 Volatility Indicators

IE00B4NHK056 Current Risk Indicators

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