Hermes Asia (Ireland) Risk Analysis And Volatility

IE00BRHY9S47 -- Ireland Fund  

EUR 2.54  0.02  0.78%

Our philosophy towards determining 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 Hermes Asia Ex which you can use to evaluate future volatility of the entity. Please check out Hermes Asia Risk Adjusted Performance of (0.06) and Market Risk Adjusted Performance of 2.35 to validate 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

Hermes Asia Market Sensitivity

As returns on market increase, returns on owning Hermes Asia are expected to decrease at a much smaller rate. During bear market, Hermes Asia is likely to outperform the market.
2 Months Beta |Analyze Hermes Asia Ex Demand Trend
Check current 30 days Hermes Asia correlation with market (DOW)
β = -0.067

Hermes Asia Central Daily Price Deviation

Hermes Asia Ex Technical Analysis

Transformation
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Hermes Asia Projected Return Density Against Market

Assuming 30 trading days horizon, Hermes Asia Ex Japan Equity C EUR Acc has beta of -0.067 . This indicates as returns on benchmark increase, returns on holding Hermes Asia are expected to decrease at a much smaller rate. During bear market, however, Hermes Asia Ex Japan Equity C EUR Acc is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Hermes Asia Ex is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.16
β
Beta against DOW=0.07
σ
Overall volatility
=0.00
Ir
Information ratio =0.09

Hermes Asia Return Volatility

the mutual fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.7996% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Hermes Asia Investment Opportunity

DOW has a standard deviation of returns of 0.8 and is 9.223372036854776E16 times more volatile than Hermes Asia Ex Japan Equity C EUR Acc. 0% of all equities and portfolios are less risky than Hermes Asia. Compared to the overall equity markets, volatility of historical daily returns of Hermes Asia Ex Japan Equity C EUR Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Hermes Asia Ex Japan Equity C EUR Acc to protect your portfolios against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Hermes Asia to be traded at €2.49 in 30 days. . As returns on market increase, returns on owning Hermes Asia are expected to decrease at a much smaller rate. During bear market, Hermes Asia is likely to outperform the market.

Hermes Asia correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Hermes Asia Ex Japan Equity C and equity matching DJI index in the same portfolio.

Hermes Asia Current Risk Indicators

Hermes Asia Suggested Diversification Pairs

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