IE00BTFRDZ46 (Ireland) Risk Analysis And Volatility Evaluation

IE00BTFRDZ46 -- Ireland Fund  

EUR 99.80  0.24  0.24%

Our way in which we are 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 IE00BTFRDZ46 which you can use to evaluate future volatility of the entity. Please check out IE00BTFRDZ46 IR Standard Deviation of 0.1086 and Market Risk Adjusted Performance of 4.42 to validate if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

IE00BTFRDZ46 Market Sensitivity

As returns on market increase, IE00BTFRDZ46 returns are expected to increase less than the market. However during bear market, the loss on holding IE00BTFRDZ46 will be expected to be smaller as well.
One Month Beta |Analyze IE00BTFRDZ46 IR Demand Trend
Check current 30 days IE00BTFRDZ46 correlation with market (DOW)
β = 0.0075
IE00BTFRDZ46 Small BetaIE00BTFRDZ46 IR Beta Legend

IE00BTFRDZ46 IR 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.

IE00BTFRDZ46 Projected Return Density Against Market

Assuming 30 trading days horizon, IE00BTFRDZ46 has beta of 0.0075 . This indicates as returns on market go up, IE00BTFRDZ46 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IE00BTFRDZ46 IR will be expected to be much smaller as well. Additionally, IE00BTFRDZ46 IR 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
=0.03
β
Beta against DOW=0.0075
σ
Overall volatility
=0.00
Ir
Information ratio =0.28

IE00BTFRDZ46 Return Volatility

IE00BTFRDZ46 IR accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

IE00BTFRDZ46 Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

IE00BTFRDZ46 Investment Opportunity

DOW has a standard deviation of returns of 1.06 and is 9.223372036854776E16 times more volatile than IE00BTFRDZ46 IR. 0% of all equities and portfolios are less risky than IE00BTFRDZ46. Compared to the overall equity markets, volatility of historical daily returns of IE00BTFRDZ46 IR is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use IE00BTFRDZ46 IR to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of IE00BTFRDZ46 to be traded at €98.8 in 30 days. As returns on market increase, IE00BTFRDZ46 returns are expected to increase less than the market. However during bear market, the loss on holding IE00BTFRDZ46 will be expected to be smaller as well.

IE00BTFRDZ46 correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding IE00BTFRDZ46 IR and equity matching DJI index in the same portfolio.

IE00BTFRDZ46 Volatility Indicators

IE00BTFRDZ46 IR Current Risk Indicators

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