Kames Abs (Ireland) Risk Analysis And Volatility Evaluation

IE00BVVQ0700 -- Ireland Fund  

GBp 1,039  1.00  0.1%

We consider Kames Abs unknown risk. Kames Abs Ret has Sharpe Ratio of 0.5 which conveys that Kames Abs Ret had 0.5% of return per unit of risk over the last 1 month. Our philosophy towards estimating 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 technical indicators for Kames Abs which you can use to evaluate future volatility of the organization. Please verify Kames Abs Ret Bd Glbl C GBP Acc Coefficient Of Variation of 458.27, Mean Deviation of 924.03 and Risk Adjusted Performance of 0.1304 to check out if risk estimate we provide are consistent with the epected return of 0.0241%.
 Time Horizon     30 Days    Login   to change

Kames Abs Market Sensitivity

As returns on market increase, returns on owning Kames Abs are expected to decrease by larger amounts. On the other hand, during market turmoil, Kames Abs is expected to significantly outperform it.
One Month Beta |Analyze Kames Abs Ret Demand Trend
Check current 30 days Kames Abs correlation with market (DOW)
β = -262.9241
Kames Abs Large Negative BetaKames Abs Ret Beta Legend

Kames Abs Ret 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.

Projected Return Density Against Market

Assuming 30 trading days horizon, Kames Abs Ret Bd Glbl C GBP Acc has beta of -262.9241 . This indicates as returns on its benchmark rise, returns on holding Kames Abs Ret Bd Glbl C GBP Acc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Kames Abs is expected to outperform its benchmark. In addition to that, Kames Abs Ret Bd Glbl C GBP Acc has an alpha of 511.3546 implying that it can potentially generate 511.3546% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Kames Abs is 200.0. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.05. The mean deviation of Kames Abs Ret Bd Glbl C GBP Acc is currently at 0.04. For similar time horizon, the selected benchmark (DOW) has volatility of 0.55
α
Alpha over DOW
=511.35
β
Beta against DOW=262.92
σ
Overall volatility
=0.0482
Ir
Information ratio =0.22

Actual Return Volatility

Kames Abs Ret Bd Glbl C GBP Acc accepts 0.0482% volatility on return distribution over the 30 days horizon. DOW inherits 0.5519% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Kames Abs Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Kames Abs Investment Opportunity
DOW has a standard deviation of returns of 0.55 and is 11.0 times more volatile than Kames Abs Ret Bd Glbl C GBP Acc. 0% of all equities and portfolios are less risky than Kames Abs. Compared to the overall equity markets, volatility of historical daily returns of Kames Abs Ret Bd Glbl C GBP Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Kames Abs Ret Bd Glbl C GBP Acc to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Kames Abs to be traded at p;1090.95 in 30 days. As returns on market increase, returns on owning Kames Abs are expected to decrease by larger amounts. On the other hand, during market turmoil, Kames Abs is expected to significantly outperform it.

Kames Abs correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Kames Abs Ret Bd Glbl C GBP Ac and equity matching DJI index in the same portfolio.

Volatility Indicators

Kames Abs Current Risk Indicators
Please also check Risk vs Return Analysis. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.