Comgest Growth (Ireland) Risk Analysis And Volatility

IE00B52QBB85 -- Ireland Fund  

USD 36.44  0.56  1.51%

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 Comgest Growth Emerging Mkts I USD Acc which you can use to evaluate future volatility of the entity. Please confirm Comgest Growth Emerging Mean Deviation of 1.36 and Risk Adjusted Performance of (0.06) to double-check 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 Distress

60 Days Economic Sensitivity

Insignificant
Horizon     30 Days    Login   to change

Comgest Growth Market Sensitivity

As returns on market increase, Comgest Growth returns are expected to increase less than the market. However during bear market, the loss on holding Comgest Growth will be expected to be smaller as well.
2 Months Beta |Analyze Comgest Growth Emerging Demand Trend
Check current 30 days Comgest Growth correlation with market (DOW)
β = 0.1784

Comgest Growth Central Daily Price Deviation

Comgest Growth Emerging Technical Analysis

Transformation
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Comgest Growth Projected Return Density Against Market

Assuming 30 trading days horizon, Comgest Growth has beta of 0.1784 . This indicates as returns on market go up, Comgest Growth average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Comgest Growth Emerging Mkts I USD Acc will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Comgest Growth Emerging is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.33
β
Beta against DOW=0.18
σ
Overall volatility
=0.00
Ir
Information ratio =0.13

Comgest Growth Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.5827% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Comgest Growth Investment Opportunity

DOW has a standard deviation of returns of 0.58 and is 9.223372036854776E16 times more volatile than Comgest Growth Emerging Mkts I USD Acc. 0% of all equities and portfolios are less risky than Comgest Growth. Compared to the overall equity markets, volatility of historical daily returns of Comgest Growth Emerging Mkts I USD Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Comgest Growth Emerging Mkts I USD Acc to protect your portfolios against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Comgest Growth to be traded at $35.35 in 30 days. . As returns on market increase, Comgest Growth returns are expected to increase less than the market. However during bear market, the loss on holding Comgest Growth will be expected to be smaller as well.

Comgest Growth correlation with market

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

Comgest Growth Current Risk Indicators

Comgest Growth Suggested Diversification Pairs

Please also check Risk vs Return Analysis. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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