Perkins Global (Ireland) Risk Analysis And Volatility

IE00B4QQ9Z78 -- Ireland Fund  

EUR 14.91  0.00  0.00%

Our philosophy towards forecasting 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 Perkins Global Value which you can use to evaluate future volatility of the fund. Please check Perkins Global Value Semi Deviation of 0.4448, Risk Adjusted Performance of 0.0195 and Coefficient Of Variation of 4026.25 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Odds

60 Days Economic Sensitivity

Insignificant
Horizon     30 Days    Login   to change

Perkins Global Market Sensitivity

As returns on market increase, returns on owning Perkins Global are expected to decrease at a much smaller rate. During bear market, Perkins Global is likely to outperform the market.
2 Months Beta |Analyze Perkins Global Value Demand Trend
Check current 30 days Perkins Global correlation with market (DOW)
β = -0.0659

Perkins Global Central Daily Price Deviation

Perkins Global Value 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.

Perkins Global Projected Return Density Against Market

Assuming 30 trading days horizon, Perkins Global Value A EUR Acc Hedged has beta of -0.0659 . This indicates as returns on benchmark increase, returns on holding Perkins Global are expected to decrease at a much smaller rate. During bear market, however, Perkins Global Value A EUR Acc Hedged is likely to outperform the market. Moreover, The company has an alpha of 0.0137 implying that it can potentially generate 0.0137% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0137
β
Beta against DOW=0.07
σ
Overall volatility
=0.00
Ir
Information ratio =0.0162

Perkins Global Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6636% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Perkins Global Investment Opportunity

DOW has a standard deviation of returns of 0.66 and is 9.223372036854776E16 times more volatile than Perkins Global Value A EUR Acc Hedged. 0% of all equities and portfolios are less risky than Perkins Global. Compared to the overall equity markets, volatility of historical daily returns of Perkins Global Value A EUR Acc Hedged is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Perkins Global Value A EUR Acc Hedged to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Perkins Global to be traded at €14.76 in 30 days. . As returns on market increase, returns on owning Perkins Global are expected to decrease at a much smaller rate. During bear market, Perkins Global is likely to outperform the market.

Perkins Global correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Perkins Global Value A EUR Acc and equity matching DJI index in the same portfolio.

Perkins Global Current Risk Indicators

Perkins Global Suggested Diversification Pairs

Please also check Risk vs Return Analysis. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Search macroaxis.com