Waverton Global (Ireland) Risk Analysis And Volatility Evaluation

IE00BQ1KPV61 -- Ireland Fund  

EUR 9.95  0.02  0.20%

We consider Waverton Global unknown risk. Waverton Global Bond shows Sharpe Ratio of 0.1414 which attests that Waverton Global Bond had 0.1414% of return per unit of risk over the last 1 month. Our philosophy towards determining 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 Waverton Global Bond which you can use to evaluate future volatility of the fund. Please check out Waverton Global Bond Market Risk Adjusted Performance of 2.58 and Mean Deviation of 0.0661 to validate if risk estimate we provide are consistent with the epected return of 0.0819%.
 Time Horizon     30 Days    Login   to change

Waverton Global Market Sensitivity

As returns on market increase, Waverton Global returns are expected to increase less than the market. However during bear market, the loss on holding Waverton Global will be expected to be smaller as well.
One Month Beta |Analyze Waverton Global Bond Demand Trend
Check current 30 days Waverton Global correlation with market (DOW)
β = 0.0179
Waverton Global Small BetaWaverton Global Bond Beta Legend

Waverton Global Bond Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, Waverton Global has beta of 0.0179 . This indicates as returns on market go up, Waverton Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Waverton Global Bond I EUR Hedge Acc will be expected to be much smaller as well. Additionally, Waverton Global Bond I EUR Hedge Acc 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 
Assuming 30 trading days horizon, the coefficient of variation of Waverton Global is 707.41. The daily returns are destributed with a variance of 0.34 and standard deviation of 0.58. The mean deviation of Waverton Global Bond I EUR Hedge Acc is currently at 0.37. For similar time horizon, the selected benchmark (DOW) has volatility of 0.55
α
Alpha over DOW
=0.05
β
Beta against DOW=0.0179
σ
Overall volatility
=0.58
Ir
Information ratio =1.1

Actual Return Volatility

Waverton Global Bond I EUR Hedge Acc accepts 0.5797% volatility on return distribution over the 30 days horizon. DOW inherits 0.5516% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Waverton Global Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Waverton Global Investment Opportunity
Waverton Global Bond I EUR Hedge Acc has a volatility of 0.58 and is 1.05 times more volatile than DOW. 5% of all equities and portfolios are less risky than Waverton Global. Compared to the overall equity markets, volatility of historical daily returns of Waverton Global Bond I EUR Hedge Acc is lower than 5 (%) of all global equities and portfolios over the last 30 days. Use Waverton Global Bond I EUR Hedge Acc to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Waverton Global to be traded at €9.85 in 30 days. As returns on market increase, Waverton Global returns are expected to increase less than the market. However during bear market, the loss on holding Waverton Global will be expected to be smaller as well.

Waverton Global correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Waverton Global Bond I EUR Hed and equity matching DJI index in the same portfolio.

Volatility Indicators

Waverton Global Current Risk Indicators
Please also check Risk vs Return Analysis. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.