Comgest Growth (Ireland) Risk Analysis And Volatility Evaluation

IE00B52QBB85 -- Ireland Fund  

USD 38.21  1.30  3.29%

Macroaxis considers Comgest Growth to be unknown risk. Comgest Growth Emerging secures Sharpe Ratio (or Efficiency) of -0.2066 which signifies that Comgest Growth Emerging had -0.2066% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Comgest Growth Emerging Mkts I USD Acc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Comgest Growth Emerging Risk Adjusted Performance of 0.01 and Mean Deviation of 0.5261 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

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 0.0 . This indicates unless we do not have required data, the returns on DOW and Comgest Growth are completely uncorrelated. Furthermore, Comgest Growth Emerging Mkts I USD AccIt does not look like Comgest Growth alpha can have any bearing on the equity current valuation.
Assuming 30 trading days horizon, the coefficient of variation of Comgest Growth is -483.91. The daily returns are destributed with a variance of 6.29 and standard deviation of 2.51. The mean deviation of Comgest Growth Emerging Mkts I USD Acc is currently at 1.75. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=2.51
Ir
Information ratio =0.00

Comgest Growth Return Volatility

Comgest Growth Emerging Mkts I USD Acc accepts 2.5078% volatility on return distribution over the 30 days horizon. DOW inherits 0.0% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Comgest Growth Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Comgest Growth Investment Opportunity

Comgest Growth Emerging Mkts I USD Acc has a volatility of 2.51 and is 2.39 times more volatile than DOW. 22% 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 22 (%) of all global equities and portfolios over the last 30 days.

Comgest Growth Volatility Indicators

Comgest Growth Emerging Mkts I USD Acc Current Risk Indicators

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