Majedie Asset (Ireland) Risk Analysis And Volatility

IE00BNGWY083 -- Ireland Fund  

GBp 171.00  4.00  2.29%

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 Majedie Asset which you can use to evaluate future volatility of the organization. Please verify Majedie Asset Mgmt US Equity Z GBP Acc Downside Deviation of 1.62, Mean Deviation of 0.7216 and Risk Adjusted Performance of 0.1179 to check out if risk estimate we provide are consistent with the epected return of 0.0%.

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Odds

60 Days Economic Sensitivity

Insignificant
Horizon     30 Days    Login   to change

Majedie Asset Market Sensitivity

As returns on market increase, Majedie Asset returns are expected to increase less than the market. However during bear market, the loss on holding Majedie Asset will be expected to be smaller as well.
2 Months Beta |Analyze Majedie Asset Mgmt Demand Trend
Check current 30 days Majedie Asset correlation with market (DOW)
β = 0.3338

Majedie Asset Central Daily Price Deviation

Majedie Asset Mgmt 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.

Majedie Asset Projected Return Density Against Market

Assuming 30 trading days horizon, Majedie Asset has beta of 0.3338 . This indicates as returns on market go up, Majedie Asset average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Majedie Asset Mgmt US Equity Z GBP Acc will be expected to be much smaller as well. Moreover, The company has an alpha of 0.1944 implying that it can potentially generate 0.1944% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.19
β
Beta against DOW=0.33
σ
Overall volatility
=0.00
Ir
Information ratio =0.17

Majedie Asset Return Volatility

the entity accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6669% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Majedie Asset Investment Opportunity

DOW has a standard deviation of returns of 0.67 and is 9.223372036854776E16 times more volatile than Majedie Asset Mgmt US Equity Z GBP Acc. 0% of all equities and portfolios are less risky than Majedie Asset. Compared to the overall equity markets, volatility of historical daily returns of Majedie Asset Mgmt US Equity Z GBP Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Majedie Asset Mgmt US Equity Z GBP Acc to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Majedie Asset to be traded at p;164.16 in 30 days. . As returns on market increase, Majedie Asset returns are expected to increase less than the market. However during bear market, the loss on holding Majedie Asset will be expected to be smaller as well.

Majedie Asset correlation with market

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Majedie Asset Mgmt US Equity Z and equity matching DJI index in the same portfolio.

Majedie Asset Current Risk Indicators

Majedie Asset Suggested Diversification Pairs

Please also check Risk vs Return Analysis. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
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