New Capital (Ireland) Risk Analysis And Volatility Evaluation

IE00BG6MV538 -- Ireland Fund  

USD 155.43  3.90  2.45%

Our philosophy towards estimating volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for New Capital which you can use to evaluate future volatility of the organization. Please verify New Capital Dynamic European Eq USD Ord Mean Deviation of 0.4049 and Risk Adjusted Performance of 0.2886 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

New Capital Market Sensitivity

As returns on market increase, returns on owning New Capital are expected to decrease at a much smaller rate. During bear market, New Capital is likely to outperform the market.
One Month Beta |Analyze New Capital Dynamic Demand Trend
Check current 30 days New Capital correlation with market (DOW)
β = -0.0372
New Capital Almost negative betaNew Capital Dynamic Beta Legend

New Capital Dynamic Technical Analysis

Transformation
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New Capital Projected Return Density Against Market

Assuming 30 trading days horizon, New Capital Dynamic European Eq USD Ord has beta of -0.0372 . This indicates as returns on benchmark increase, returns on holding New Capital are expected to decrease at a much smaller rate. During bear market, however, New Capital Dynamic European Eq USD Ord is likely to outperform the market. Moreover, New Capital Dynamic European Eq USD Ord has an alpha of 0.1563 implying that it can potentially generate 0.1563% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.16
β
Beta against DOW=0.04
σ
Overall volatility
=0.00
Ir
Information ratio =0.02

New Capital Return Volatility

New Capital Dynamic European Eq USD Ord accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.211% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

New Capital Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

New Capital Investment Opportunity

DOW has a standard deviation of returns of 1.21 and is 9.223372036854776E16 times more volatile than New Capital Dynamic European Eq USD Ord. 0% of all equities and portfolios are less risky than New Capital. Compared to the overall equity markets, volatility of historical daily returns of New Capital Dynamic European Eq USD Ord is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use New Capital Dynamic European Eq USD Ord to protect against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of New Capital to be traded at $149.21 in 30 days. As returns on market increase, returns on owning New Capital are expected to decrease at a much smaller rate. During bear market, New Capital is likely to outperform the market.

New Capital correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding New Capital Dynamic European E and equity matching DJI index in the same portfolio.

New Capital Volatility Indicators

New Capital Dynamic European Eq USD Ord Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
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