BlackRock Euro (Ireland) Risk Analysis And Volatility Evaluation

IE00B8138T89 -- Ireland Fund  

EUR 10.63  0.00  0.00%

We consider BlackRock Euro unknown risk. BlackRock Euro Credit secures Sharpe Ratio (or Efficiency) of 0.0708 which signifies that BlackRock Euro Credit had 0.0708% 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 BlackRock Euro Credit Enh Idx which you can use to evaluate future volatility of the entity. Please confirm BlackRock Euro Credit to double-check if risk estimate we provide are consistent with the epected return of 0.0136%.
 Time Horizon     30 Days    Login   to change

BlackRock Euro Credit Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, BlackRock Euro has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and BlackRock Euro are completely uncorrelated. Furthermore, BlackRock Euro Credit Enh IdxIt does not look like BlackRock Euro alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of BlackRock Euro is 1411.72. The daily returns are destributed with a variance of 0.04 and standard deviation of 0.19. The mean deviation of BlackRock Euro Credit Enh Idx is currently at 0.1. For similar time horizon, the selected benchmark (DOW) has volatility of 0.55
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.19
Ir
Information ratio =0.00

Actual Return Volatility

BlackRock Euro Credit Enh Idx accepts 0.192% volatility on return distribution over the 30 days horizon. DOW inherits 0.5397% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

BlackRock Euro Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

BlackRock Euro Investment Opportunity
DOW has a standard deviation of returns of 0.54 and is 2.84 times more volatile than BlackRock Euro Credit Enh Idx. 1% of all equities and portfolios are less risky than BlackRock Euro. Compared to the overall equity markets, volatility of historical daily returns of BlackRock Euro Credit Enh Idx is lower than 1 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

BlackRock Euro Current Risk Indicators
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