KBI Instl (Ireland) Risk Analysis And Volatility Evaluation

IE00B5630V84 -- Ireland Fund  

EUR 19.14  0.82  4.48%

Macroaxis considers KBI Instl not too volatile given 1 month investment horizon. KBI Instl Water has Sharpe Ratio of 0.4007 which conveys that KBI Instl Water had 0.4007% of return per unit of risk over the last 1 month. Our approach towards estimating volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. By examining KBI Instl Water technical indicators you can right now evaluate if the expected return of 0.5779% is justified by implied risk. Please exercise KBI Instl Water I EUR to check out if our risk estimates are consistent with your expectations.
 Time Horizon     30 Days    Login   to change

KBI Instl Water Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. KBI Instl Water Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Assuming 30 trading days horizon, KBI Instl has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and KBI Instl are completely uncorrelated. Furthermore, KBI Instl Water I EURIt does not look like KBI Instl alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of KBI Instl is 249.56. The daily returns are destributed with a variance of 2.08 and standard deviation of 1.44. The mean deviation of KBI Instl Water I EUR is currently at 0.98. For similar time horizon, the selected benchmark (DOW) has volatility of 0.46
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.44
Ir
Information ratio =0.00

Actual Return Volatility

KBI Instl Water I EUR accepts 1.4422% volatility on return distribution over the 30 days horizon. DOW inherits 0.4314% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

KBI Instl Volatility Factors

30 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Almost imposible

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

KBI Instl Investment Opportunity
KBI Instl Water I EUR has a volatility of 1.44 and is 3.35 times more volatile than DOW. 13% of all equities and portfolios are less risky than KBI Instl. Compared to the overall equity markets, volatility of historical daily returns of KBI Instl Water I EUR is lower than 13 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

KBI Instl Current Risk Indicators
Please also check Risk vs Return Analysis. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.