Dodge Cox (Ireland) Risk Analysis And Volatility Evaluation

IE00B55H5278 -- Ireland Fund  

EUR 16.94  0.03  0.18%

Macroaxis considers Dodge Cox to be unknown risk. Dodge Cox Worldwide secures Sharpe Ratio (or Efficiency) of -0.22 which denotes Dodge Cox Worldwide had -0.22% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in predicting 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. Dodge Cox Worldwide Intl Stock A EUR exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Dodge Cox Worldwide Mean Deviation of 0.6985 to check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

Dodge Cox Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Dodge Cox will likely underperform.
One Month Beta |Analyze Dodge Cox Worldwide Demand Trend
Check current 30 days Dodge Cox correlation with market (DOW)
β = 1.3288
Dodge Cox Large BetaDodge Cox Worldwide Beta Legend

Dodge Cox Worldwide 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.

Projected Return Density Against Market

Assuming 30 trading days horizon, the fund has beta coefficient of 1.3288 . 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, Dodge Cox will likely underperform. Moreover, Dodge Cox Worldwide Intl Stock A EUR has an alpha of 0.0892 implying that it can potentially generate 0.0892% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Dodge Cox is -454.63. The daily returns are destributed with a variance of 0.85 and standard deviation of 0.92. The mean deviation of Dodge Cox Worldwide Intl Stock A EUR is currently at 0.65. For similar time horizon, the selected benchmark (DOW) has volatility of 0.47
α
Alpha over DOW
=0.09
β
Beta against DOW=1.33
σ
Overall volatility
=0.92
Ir
Information ratio =0.07

Actual Return Volatility

Dodge Cox Worldwide Intl Stock A EUR accepts 0.92% volatility on return distribution over the 30 days horizon. DOW inherits 0.5525% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Dodge Cox Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Dodge Cox Investment Opportunity
Dodge Cox Worldwide Intl Stock A EUR has a volatility of 0.92 and is 1.67 times more volatile than DOW. 8% of all equities and portfolios are less risky than Dodge Cox. Compared to the overall equity markets, volatility of historical daily returns of Dodge Cox Worldwide Intl Stock A EUR is lower than 8 (%) of all global equities and portfolios over the last 30 days. Use Dodge Cox Worldwide Intl Stock A EUR to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Dodge Cox to be traded at €17.79 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Dodge Cox will likely underperform.

Dodge Cox correlation with market

Weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Dodge Cox Worldwide Intl Stock and equity matching DJI index in the same portfolio.

Volatility Indicators

Dodge Cox Current Risk Indicators
Please also check Risk vs Return Analysis. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.