ANIMA Star (Ireland) Risk Analysis And Volatility Evaluation

IE00BJBQBQ20 -- Ireland Fund  

EUR 5.44  0.01  0.18%

Our approach to foreseeing 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 ANIMA Star High Potential Global I EUR which you can use to evaluate future volatility of the entity. Please confirm ANIMA Star High Risk Adjusted Performance of 0.24 and Mean Deviation of 0.1389 to double-check if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

ANIMA Star Market Sensitivity

As returns on market increase, returns on owning ANIMA Star are expected to decrease at a much smaller rate. During bear market, ANIMA Star is likely to outperform the market.
One Month Beta |Analyze ANIMA Star High Demand Trend
Check current 30 days ANIMA Star correlation with market (DOW)
β = -0.0405

ANIMA Star Central Daily Price Deviation

ANIMA Star High 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.

ANIMA Star Projected Return Density Against Market

Assuming 30 trading days horizon, ANIMA Star High Potential Global I EUR has beta of -0.0405 . This indicates as returns on benchmark increase, returns on holding ANIMA Star are expected to decrease at a much smaller rate. During bear market, however, ANIMA Star High Potential Global I EUR is likely to outperform the market. Additionally, ANIMA Star High Potential Global I EUR 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 
α
Alpha over DOW
=0.05
β
Beta against DOW=0.04
σ
Overall volatility
=0.00
Ir
Information ratio =0.11

ANIMA Star Return Volatility

ANIMA Star High Potential Global I EUR accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2989% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

ANIMA Star Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

ANIMA Star Investment Opportunity

DOW has a standard deviation of returns of 1.3 and is 9.223372036854776E16 times more volatile than ANIMA Star High Potential Global I EUR. 0% of all equities and portfolios are less risky than ANIMA Star. Compared to the overall equity markets, volatility of historical daily returns of ANIMA Star High Potential Global I EUR is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use ANIMA Star High Potential Global I EUR to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of ANIMA Star to be traded at €5.71 in 30 days. As returns on market increase, returns on owning ANIMA Star are expected to decrease at a much smaller rate. During bear market, ANIMA Star is likely to outperform the market.

ANIMA Star correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding ANIMA Star High Potential Glob and equity matching DJI index in the same portfolio.

ANIMA Star Volatility Indicators

ANIMA Star High Potential Global I EUR 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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