ANIMA Star (Ireland) Risk Analysis And Volatility Evaluation

IE00B7FN3D65 -- Ireland Fund  

EUR 5.71  0.00  0.00%

Macroaxis considers ANIMA Star to be unknown risk. ANIMA Star High secures Sharpe Ratio (or Efficiency) of -0.5774 which signifies that ANIMA Star High had -0.5774% of return per unit of return volatility over the last 1 month. Macroaxis approach to 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. ANIMA Star High Potential Europe A exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ANIMA Star High Risk Adjusted Performance of 0.2734 and Mean Deviation of 0.1339 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

ANIMA Star Market Sensitivity

As returns on market increase, ANIMA Star returns are expected to increase less than the market. However during bear market, the loss on holding ANIMA Star will be expected to be smaller as well.
One Month Beta |Analyze ANIMA Star High Demand Trend
Check current 30 days ANIMA Star correlation with market (DOW)
β = 0.0155
ANIMA Star Small BetaANIMA Star High Beta Legend

ANIMA Star High Technical Analysis

Transformation
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ANIMA Star Projected Return Density Against Market

Assuming 30 trading days horizon, ANIMA Star has beta of 0.0155 . This indicates as returns on market go up, ANIMA Star average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ANIMA Star High Potential Europe A will be expected to be much smaller as well. Moreover, ANIMA Star High Potential Europe A has an alpha of 0.0486 implying that it can potentially generate 0.0486% 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 ANIMA Star is -173.21. The daily returns are destributed with a variance of 0.04 and standard deviation of 0.2. The mean deviation of ANIMA Star High Potential Europe A is currently at 0.16. For similar time horizon, the selected benchmark (DOW) has volatility of 1.09
α
Alpha over DOW
=0.0486
β
Beta against DOW=0.0155
σ
Overall volatility
=0.20
Ir
Information ratio =1.15

ANIMA Star Return Volatility

ANIMA Star High Potential Europe A accepts 0.2015% volatility on return distribution over the 30 days horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

ANIMA Star Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

ANIMA Star Investment Opportunity

DOW has a standard deviation of returns of 1.09 and is 5.45 times more volatile than ANIMA Star High Potential Europe A. 1% of all equities and portfolios are less risky than ANIMA Star. Compared to the overall equity markets, volatility of historical daily returns of ANIMA Star High Potential Europe A is lower than 1 (%) of all global equities and portfolios over the last 30 days. Use ANIMA Star High Potential Europe A to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of ANIMA Star to be traded at €5.65 in 30 days. As returns on market increase, ANIMA Star returns are expected to increase less than the market. However during bear market, the loss on holding ANIMA Star will be expected to be smaller as well.

ANIMA Star correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding ANIMA Star High Potential Euro and equity matching DJI index in the same portfolio.

ANIMA Star Volatility Indicators

ANIMA Star High Potential Europe A Current Risk Indicators

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