Trojanome Feeder (Ireland) Risk Analysis And Volatility Evaluation

IE00B947ZW64 -- Ireland Fund  

EUR 1.11  0.00  0.00%

Macroaxis considers Trojanome Feeder to be unknown risk. Trojan Income Feeder owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.5774 which indicates Trojan Income Feeder had -0.5774% of return per unit of risk over the last 2 months. Macroaxis philosophy towards measuring 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. Trojanome Feeder O EUR exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Trojanome Feeder Semi Deviation of 1.16, Coefficient Of Variation of 3606.95 and Risk Adjusted Performance of 0.0396 to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

Trojanome Feeder Market Sensitivity

As returns on market increase, returns on owning Trojanome Feeder are expected to decrease at a much smaller rate. During bear market, Trojanome Feeder is likely to outperform the market.
2 Months Beta |Analyze Trojan Income Feeder Demand Trend
Check current 30 days Trojanome Feeder correlation with market (DOW)
β = -0.0835

Trojanome Feeder Central Daily Price Deviation

Trojan Income Feeder 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.

Trojanome Feeder Projected Return Density Against Market

Assuming 30 trading days horizon, Trojanome Feeder O EUR has beta of -0.0835 . This indicates as returns on benchmark increase, returns on holding Trojanome Feeder are expected to decrease at a much smaller rate. During bear market, however, Trojanome Feeder O EUR is likely to outperform the market. Moreover, Trojanome Feeder O EUR has an alpha of 0.05 implying that it can potentially generate 0.05% 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 Trojanome Feeder is -173.21. The daily returns are destributed with a variance of 2.31 and standard deviation of 1.52. The mean deviation of Trojanome Feeder O EUR is currently at 1.17. For similar time horizon, the selected benchmark (DOW) has volatility of 1.27
α
Alpha over DOW
=0.05
β
Beta against DOW=0.08
σ
Overall volatility
=1.52
Ir
Information ratio =0.0425

Trojanome Feeder Return Volatility

Trojanome Feeder O EUR accepts 1.5194% volatility on return distribution over the 30 days horizon. DOW inherits 1.282% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Trojanome Feeder Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Trojanome Feeder Investment Opportunity

Trojanome Feeder O EUR has a volatility of 1.52 and is 1.19 times more volatile than DOW. 13% of all equities and portfolios are less risky than Trojanome Feeder. Compared to the overall equity markets, volatility of historical daily returns of Trojanome Feeder O EUR is lower than 13 (%) of all global equities and portfolios over the last 30 days. Use Trojanome Feeder O EUR 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 Trojanome Feeder to be traded at €1.0989 in 30 days. As returns on market increase, returns on owning Trojanome Feeder are expected to decrease at a much smaller rate. During bear market, Trojanome Feeder is likely to outperform the market.

Trojanome Feeder correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Trojan Income Feeder O EUR Inc and equity matching DJI index in the same portfolio.

Trojanome Feeder Volatility Indicators

Trojanome Feeder O EUR Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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