Baring Global (Ireland) Risk Analysis And Volatility Evaluation

IE00B4VBLG29 -- Ireland Fund  

GBp 1,421  5.00  0.35%

Macroaxis considers Baring Global unknown risk given 1 month investment horizon. Baring Global Resources secures Sharpe Ratio (or Efficiency) of 0.3237 which signifies that Baring Global Resources had 0.3237% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing 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 Baring Global Resources A GBP which you can use to evaluate future volatility of the entity. Please makes use of Baring Global Resources Risk Adjusted Performance of 0.34 and Mean Deviation of 2.04 to double-check if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

Baring Global Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Baring Global will likely underperform.
One Month Beta |Analyze Baring Global Resources Demand Trend
Check current 30 days Baring Global correlation with market (DOW)
β = 1.9561

Baring Global Central Daily Price Deviation

Baring Global Resources Technical Analysis

Transformation
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Baring Global Projected Return Density Against Market

Assuming 30 trading days horizon, the fund has beta coefficient of 1.9561 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Baring Global will likely underperform. Additionally, Baring Global Resources A GBP 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 Baring Global is 308.97. The daily returns are destributed with a variance of 2.2 and standard deviation of 1.48. The mean deviation of Baring Global Resources A GBP is currently at 1.18. For similar time horizon, the selected benchmark (DOW) has volatility of 1.22
α
Alpha over DOW
=0.8
β
Beta against DOW=1.96
σ
Overall volatility
=1.48
Ir
Information ratio =0.26

Baring Global Return Volatility

Baring Global Resources A GBP accepts 1.4825% volatility on return distribution over the 30 days horizon. DOW inherits 1.1955% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Baring Global Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Baring Global Investment Opportunity

Baring Global Resources A GBP has a volatility of 1.48 and is 1.23 times more volatile than DOW. 13% of all equities and portfolios are less risky than Baring Global. Compared to the overall equity markets, volatility of historical daily returns of Baring Global Resources A GBP is lower than 13 (%) of all global equities and portfolios over the last 30 days. Use Baring Global Resources A GBP to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Baring Global to be traded at p;1492.05 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Baring Global will likely underperform.

Baring Global correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Baring Global Resources A GBP and equity matching DJI index in the same portfolio.

Baring Global Volatility Indicators

Baring Global Resources A GBP Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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