Platinum World (Ireland) Risk Analysis And Volatility Evaluation

IE00BYRGR290 -- Ireland Fund  

GBp 807.00  2.00  0.25%

Macroaxis considers Platinum World to be unknown risk. Platinum World Portf maintains Sharpe Ratio (i.e. Efficiency) of -0.5774 which implies Platinum World Portf had -0.5774% of return per unit of risk over the last 2 months. Macroaxis philosophy towards forecasting risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Platinum World Portf exposes twenty different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Platinum World Portf Standard Deviation of 2031.15, Downside Deviation of 22.72 and Risk Adjusted Performance of 0.3064 to confirm risk estimate we provide.
Horizon     30 Days    Login   to change

Platinum World Market Sensitivity

As returns on market increase, returns on owning Platinum World are expected to decrease by larger amounts. On the other hand, during market turmoil, Platinum World is expected to significantly outperform it.
2 Months Beta |Analyze Platinum World Portf Demand Trend
Check current 30 days Platinum World correlation with market (DOW)
β = -187.2405

Platinum World Central Daily Price Deviation

Platinum World Portf 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.

Platinum World Projected Return Density Against Market

Assuming 30 trading days horizon, Platinum World Portfolios Intl G GBP Acc has beta of -187.2405 . This indicates as returns on its benchmark rise, returns on holding Platinum World Portfolios Intl G GBP Acc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Platinum World is expected to outperform its benchmark. In addition to that, Platinum World Portfolios Intl G GBP Acc has an alpha of 401.1863 implying that it can potentially generate 401.1863% 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 Platinum World is -173.21. The daily returns are destributed with a variance of 0.18 and standard deviation of 0.43. The mean deviation of Platinum World Portfolios Intl G GBP Acc is currently at 0.33. For similar time horizon, the selected benchmark (DOW) has volatility of 1.38
α
Alpha over DOW
=401.19
β
Beta against DOW=187.24
σ
Overall volatility
=0.43
Ir
Information ratio =0.21

Platinum World Return Volatility

Platinum World Portfolios Intl G GBP Acc accepts 0.4261% volatility on return distribution over the 30 days horizon. DOW inherits 1.2898% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Platinum World Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Platinum World Investment Opportunity

DOW has a standard deviation of returns of 1.29 and is 3.0 times more volatile than Platinum World Portfolios Intl G GBP Acc. 3% of all equities and portfolios are less risky than Platinum World. Compared to the overall equity markets, volatility of historical daily returns of Platinum World Portfolios Intl G GBP Acc is lower than 3 (%) of all global equities and portfolios over the last 30 days. Use Platinum World Portfolios Intl G GBP Acc to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Platinum World to be traded at p;798.93 in 30 days. As returns on market increase, returns on owning Platinum World are expected to decrease by larger amounts. On the other hand, during market turmoil, Platinum World is expected to significantly outperform it.

Platinum World correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Platinum World Portfolios Intl and equity matching DJI index in the same portfolio.

Platinum World Volatility Indicators

Platinum World Portfolios Intl G GBP Acc Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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