BMO LGM (Ireland) Risk Analysis And Volatility Evaluation

IE00BCDYJW78 -- Ireland Fund  

 13.18  0.66  4.77%

Macroaxis considers BMO LGM to be unknown risk. BMO LGM Greater secures Sharpe Ratio (or Efficiency) of -0.5774 which signifies that BMO LGM Greater had -0.5774% of return per unit of risk over the last 1 month. Macroaxis philosophy towards 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. BMO LGM Greater India E USD Acc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm BMO LGM Greater Mean Deviation of 1.69 and Risk Adjusted Performance of 0.26 to double-check risk estimate we provide.
Horizon     30 Days    Login   to change

BMO LGM Market Sensitivity

As returns on market increase, returns on owning BMO LGM are expected to decrease at a much smaller rate. During bear market, BMO LGM is likely to outperform the market.
One Month Beta |Analyze BMO LGM Greater Demand Trend
Check current 30 days BMO LGM correlation with market (DOW)
β = -0.1958
BMO LGM Almost negative betaBMO LGM Greater Beta Legend

BMO LGM Greater 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.

BMO LGM Projected Return Density Against Market

Assuming 30 trading days horizon, BMO LGM Greater India E USD Acc has beta of -0.1958 . This indicates as returns on benchmark increase, returns on holding BMO LGM are expected to decrease at a much smaller rate. During bear market, however, BMO LGM Greater India E USD Acc is likely to outperform the market. Additionally, BMO LGM Greater India E USD Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of BMO LGM is -173.21. The daily returns are destributed with a variance of 8.71 and standard deviation of 2.95. The mean deviation of BMO LGM Greater India E USD Acc is currently at 2.27. For similar time horizon, the selected benchmark (DOW) has volatility of 1.08
α
Alpha over DOW
=0.83
β
Beta against DOW=0.2
σ
Overall volatility
=2.95
Ir
Information ratio =0.23

BMO LGM Return Volatility

BMO LGM Greater India E USD Acc accepts 2.9512% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

BMO LGM Investment Opportunity

BMO LGM Greater India E USD Acc has a volatility of 2.95 and is 2.78 times more volatile than DOW. 26% of all equities and portfolios are less risky than BMO LGM. Compared to the overall equity markets, volatility of historical daily returns of BMO LGM Greater India E USD Acc is lower than 26 (%) of all global equities and portfolios over the last 30 days. Use BMO LGM Greater India E USD Acc to protect against small markets fluctuations. The fund experiences very speculative upward sentiment.. Check odds of BMO LGM to be traded at 12.52 in 30 days. As returns on market increase, returns on owning BMO LGM are expected to decrease at a much smaller rate. During bear market, BMO LGM is likely to outperform the market.

BMO LGM correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding BMO LGM Greater India E USD Ac and equity matching DJI index in the same portfolio.

BMO LGM Volatility Indicators

BMO LGM Greater India E USD Acc Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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