Russell Global (Ireland) Risk Analysis And Volatility Evaluation

IE00BDW02465 -- Ireland Fund  

EUR 1,094  0.01  0.0009%

Our philosophy 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 Russell Global Bond which you can use to evaluate future volatility of the fund. Please check Russell Global Bond Coefficient Of Variation of 582.78 and Risk Adjusted Performance of 0.1013 to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

Russell Global Market Sensitivity

As returns on market increase, returns on owning Russell Global are expected to decrease at a much smaller rate. During bear market, Russell Global is likely to outperform the market.
One Month Beta |Analyze Russell Global Bond Demand Trend
Check current 30 days Russell Global correlation with market (DOW)
β = -0.0366
Russell Global Almost negative betaRussell Global Bond Beta Legend

Russell Global Bond 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.

Projected Return Density Against Market

Assuming 30 trading days horizon, Russell Global Bond Q EUR has beta of -0.0366 . This indicates as returns on benchmark increase, returns on holding Russell Global are expected to decrease at a much smaller rate. During bear market, however, Russell Global Bond Q EUR is likely to outperform the market. Moreover, Russell Global Bond Q EUR has an alpha of 0.2716 implying that it can potentially generate 0.2716% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.27
β
Beta against DOW=0.04
σ
Overall volatility
=0.00
Ir
Information ratio =0.10

Actual Return Volatility

Russell Global Bond Q EUR accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5519% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Russell Global Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Russell Global Investment Opportunity
DOW has a standard deviation of returns of 0.55 and is 9.223372036854776E16 times more volatile than Russell Global Bond Q EUR. 0% of all equities and portfolios are less risky than Russell Global. Compared to the overall equity markets, volatility of historical daily returns of Russell Global Bond Q EUR is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Russell Global Bond Q EUR to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Russell Global to be traded at €1148.42 in 30 days. As returns on market increase, returns on owning Russell Global are expected to decrease at a much smaller rate. During bear market, Russell Global is likely to outperform the market.

Russell Global correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Russell Global Bond Q EUR Inc and equity matching DJI index in the same portfolio.

Volatility Indicators

Russell Global Current Risk Indicators
Please also check Risk vs Return Analysis. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.