GAM Star (Ireland) Risk Analysis And Volatility Evaluation

IE00B88LXR84 -- Ireland Fund  

USD 25.96  0.37  1.45%

Macroaxis considers GAM Star to be unknown risk. GAM Star Japan holds Efficiency (Sharpe) Ratio of -0.5774 which attests that GAM Star Japan had -0.5774% of return per unit of risk over the last 2 months. Macroaxis approach towards determining 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. GAM Star Japan exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out GAM Star Downside Deviation of 1.73 and Semi Deviation of 0.6589 to validate risk estimate we provide.
Horizon     30 Days    Login   to change

GAM Star Market Sensitivity

As returns on market increase, returns on owning GAM Star are expected to decrease at a much smaller rate. During bear market, GAM Star is likely to outperform the market.
2 Months Beta |Analyze GAM Star Japan Demand Trend
Check current 30 days GAM Star correlation with market (DOW)
β = -0.1512

GAM Star Central Daily Price Deviation

GAM Star Japan 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.

GAM Star Projected Return Density Against Market

Assuming 30 trading days horizon, GAM Star Japan Equity Z USD Acc has beta of -0.1512 . This indicates as returns on benchmark increase, returns on holding GAM Star are expected to decrease at a much smaller rate. During bear market, however, GAM Star Japan Equity Z USD Acc is likely to outperform the market. Moreover, GAM Star Japan Equity Z USD Acc has an alpha of 0.0374 implying that it can potentially generate 0.0374% 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 GAM Star is -173.21. The daily returns are destributed with a variance of 1.1 and standard deviation of 1.05. The mean deviation of GAM Star Japan Equity Z USD Acc is currently at 0.81. For similar time horizon, the selected benchmark (DOW) has volatility of 1.29
α
Alpha over DOW
=0.0374
β
Beta against DOW=0.15
σ
Overall volatility
=1.05
Ir
Information ratio =0.16

GAM Star Return Volatility

GAM Star Japan Equity Z USD Acc accepts 1.0481% volatility on return distribution over the 30 days horizon. DOW inherits 1.2955% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

GAM Star Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

GAM Star Investment Opportunity

DOW has a standard deviation of returns of 1.3 and is 1.24 times more volatile than GAM Star Japan Equity Z USD Acc. 9% of all equities and portfolios are less risky than GAM Star. Compared to the overall equity markets, volatility of historical daily returns of GAM Star Japan Equity Z USD Acc is lower than 9 (%) of all global equities and portfolios over the last 30 days. Use GAM Star Japan Equity Z USD Acc to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of GAM Star to be traded at $28.56 in 30 days. As returns on market increase, returns on owning GAM Star are expected to decrease at a much smaller rate. During bear market, GAM Star is likely to outperform the market.

GAM Star correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding GAM Star Japan Equity Z USD Ac and equity matching DJI index in the same portfolio.

GAM Star Volatility Indicators

GAM Star Japan Equity Z USD Acc Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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