Salar E3 (Ireland) Risk Analysis And Volatility Evaluation

IE00B523PS49 -- Ireland Fund  

GBp 12,892  86.00  0.66%

Our philosophy towards measuring 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 Salar E3 GBP which you can use to evaluate future volatility of the fund. Please validate Salar E3 Coefficient Of Variation of 629.99 and Risk Adjusted Performance of 0.17 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Salar E3 Market Sensitivity

As returns on market increase, Salar E3 returns are expected to increase less than the market. However during bear market, the loss on holding Salar E3 will be expected to be smaller as well.
One Month Beta |Analyze Salar E3 GBP Demand Trend
Check current 30 days Salar E3 correlation with market (DOW)
β = 0.0656
Salar E3 Small BetaSalar E3 GBP Beta Legend

Salar E3 GBP 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.

Salar E3 Projected Return Density Against Market

Assuming 30 trading days horizon, Salar E3 has beta of 0.0656 . This indicates as returns on market go up, Salar E3 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Salar E3 GBP will be expected to be much smaller as well. Additionally, Salar E3 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 
α
Alpha over DOW
=0.09
β
Beta against DOW=0.07
σ
Overall volatility
=0.00
Ir
Information ratio =0.08

Salar E3 Return Volatility

Salar E3 GBP accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Salar E3 Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Salar E3 Investment Opportunity

DOW has a standard deviation of returns of 1.05 and is 9.223372036854776E16 times more volatile than Salar E3 GBP. 0% of all equities and portfolios are less risky than Salar E3. Compared to the overall equity markets, volatility of historical daily returns of Salar E3 GBP is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Salar E3 GBP to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Salar E3 to be traded at p;12634.16 in 30 days. As returns on market increase, Salar E3 returns are expected to increase less than the market. However during bear market, the loss on holding Salar E3 will be expected to be smaller as well.

Salar E3 correlation with market

Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Salar E3 GBP and equity matching DJI index in the same portfolio.

Salar E3 Volatility Indicators

Salar E3 GBP Current Risk Indicators

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