CGWM Select (Ireland) Risk Analysis And Volatility Evaluation

IE00BGLP2096 -- Ireland Fund  

EUR 91.31  0.23  0.25%

Macroaxis considers CGWM Select to be not too risky. CGWM Select Bond secures Sharpe Ratio (or Efficiency) of -0.4453 which signifies that CGWM Select Bond had -0.4453% of return per unit of volatility over the last 1 month. Macroaxis approach 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. CGWM Select Bond A EUR H exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm CGWM Select Bond to double-check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

CGWM Select Bond Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. CGWM Select Bond Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Assuming 30 trading days horizon, CGWM Select has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and CGWM Select are completely uncorrelated. Furthermore, CGWM Select Bond A EUR HIt does not look like CGWM Select alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of CGWM Select is -224.57. The daily returns are destributed with a variance of 0.06 and standard deviation of 0.25. The mean deviation of CGWM Select Bond A EUR H is currently at 0.19. For similar time horizon, the selected benchmark (DOW) has volatility of 0.46
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.25
Ir
Information ratio =0.00

Actual Return Volatility

CGWM Select Bond A EUR H accepts 0.2533% volatility on return distribution over the 30 days horizon. DOW inherits 0.4461% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

CGWM Select Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

CGWM Select Investment Opportunity
DOW has a standard deviation of returns of 0.45 and is 1.8 times more volatile than CGWM Select Bond A EUR H. 2% of all equities and portfolios are less risky than CGWM Select. Compared to the overall equity markets, volatility of historical daily returns of CGWM Select Bond A EUR H is lower than 2 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

CGWM Select Current Risk Indicators
Please also check Risk vs Return Analysis. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.