R Parus (Ireland) Risk Analysis And Volatility Evaluation

IE00BCBHZ861 -- Ireland Fund  

EUR 105.86  1.35  1.29%

We consider R Parus unknown risk. R Parus C maintains Sharpe Ratio (i.e. Efficiency) of 0.1182 which implies R Parus C had 0.1182% of return per unit of standard deviation over the last 1 month. Our approach towards forecasting 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 R Parus C which you can use to evaluate future volatility of the entity. Please check R Parus C to confirm if risk estimate we provide are consistent with the epected return of 0.0806%.
 Time Horizon     30 Days    Login   to change

R Parus C Technical Analysis

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.

Projected Return Density Against Market

Assuming 30 trading days horizon, R Parus has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and R Parus are completely uncorrelated. Furthermore, R Parus C Euro HedgedIt does not look like R Parus alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
Assuming 30 trading days horizon, the coefficient of variation of R Parus is 845.91. The daily returns are destributed with a variance of 0.47 and standard deviation of 0.68. The mean deviation of R Parus C Euro Hedged is currently at 0.45. For similar time horizon, the selected benchmark (DOW) has volatility of 0.61
Alpha over DOW
Beta against DOW=0.00
Overall volatility
Information ratio =0.00

Actual Return Volatility

R Parus C Euro Hedged accepts 0.682% volatility on return distribution over the 30 days horizon. DOW inherits 0.63% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Market Risk Breakdown

R Parus Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity


Investment Outlook

R Parus Investment Opportunity
R Parus C Euro Hedged has a volatility of 0.68 and is 1.08 times more volatile than DOW. 6% of all equities and portfolios are less risky than R Parus. Compared to the overall equity markets, volatility of historical daily returns of R Parus C Euro Hedged is lower than 6 (%) of all global equities and portfolios over the last 30 days.
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