Adelphi European (Ireland) Risk Analysis And Volatility Evaluation

IE00B65NG183 -- Ireland Fund  

EUR 189.98  1.22  0.65%

We consider Adelphi European not too risky. Adelphi European Select secures Sharpe Ratio (or Efficiency) of 0.1043 which signifies that Adelphi European Select had 0.1043% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Adelphi European Select Equity D EUR which you can use to evaluate future volatility of the entity. Please confirm Adelphi European Select to double-check if risk estimate we provide are consistent with the epected return of 0.0837%.
 Time Horizon     30 Days    Login   to change

Adelphi European Select Technical Analysis

The output start index for this execution was zero with a total number of output elements of seventeen. Adelphi European Select 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, Adelphi European has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Adelphi European are completely uncorrelated. Furthermore, Adelphi European Select Equity D EURIt does not look like Adelphi European alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
Assuming 30 trading days horizon, the coefficient of variation of Adelphi European is 958.61. The daily returns are destributed with a variance of 0.64 and standard deviation of 0.8. The mean deviation of Adelphi European Select Equity D EUR is currently at 0.56. For similar time horizon, the selected benchmark (DOW) has volatility of 0.46
Alpha over DOW
Beta against DOW=0.00
Overall volatility
Information ratio =0.00

Actual Return Volatility

Adelphi European Select Equity D EUR accepts 0.8024% volatility on return distribution over the 30 days horizon. DOW inherits 0.5115% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Market Risk Breakdown

Adelphi European Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Very low

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

Adelphi European Investment Opportunity
Adelphi European Select Equity D EUR has a volatility of 0.8 and is 1.57 times more volatile than DOW. 7% of all equities and portfolios are less risky than Adelphi European. Compared to the overall equity markets, volatility of historical daily returns of Adelphi European Select Equity D EUR is lower than 7 (%) of all global equities and portfolios over the last 30 days.

Adelphi European Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.