The New Ireland Fund (IRL)

7.64 -0.17  -2.18%  May 30, 4:01PM Go Pro
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The New Ireland Fund Beta: 1.488

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IRL Beta Range, Past 5 Years

Minimum 0.7917 Sep 2007
Maximum 1.674 May 2009
Average 1.451

About Beta 60 Month

YCharts calculates the 60 month market beta by regressing stock returns less the risk free rate of returns on the market returns less the risk free rate of return (Market returns come from the S&P 500 Total Returns Index (SPXTR), and the risk free rate is the 4 Week Average T-Bill (Monthly). There must be a minimum of 36 months of stock returns for a company to have its beta calculated.

Beta is a measure of the risk of a stock when it is included in a well-diversified portfolio.

In financial theory, the Capital Asset Pricing Model breaks down expected stock returns into two components. The first is the return that would be expected based on covariance with the movements of the market (for most stocks, when the market as a whole goes up, the price of the stock will also go up). The second part is the increase in the price of a stock that is not explained by the market. The first part - covariance with the market - is what Beta captures.

When Beta is positive, the stock price tends to move in the same direction as the market, and the magnitude of Beta tells by how much. If a stock's Beta is greater than 1, that means that when the market index goes up 1%, we expect the stock will go up by more than 1%. On the contrary, if the market goes down by 1%, we expect the stock to go down by more than 1%. Negative Betas, while rare, signify a negative correlation. When the market goes up, we would expect the stock price to go down.

For readers with a background in regression analysis, Beta is the slope of the linear regression shown in the formula below, where Returns are the return on an individual stock or portfolio, Rf is the risk free rate, RMarket is the return on a market portfolio, and e is an error term.
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IRL News

New Ireland Fund Announces Investor Update
Feb 27, 3:30PM PR Newswire
The PIIGS Dominoes
Nov 06, 2:05AM
Euro Area Chart Update
Aug 05, 12:42PM
Notable ETFs with RS line new highs before price. $IRL (interesting one) $XBI $IJK $IJT $AND
about 366 days ago by hertcapital
RT @researchpuzzler the hangover ~ the aftermath of a really big party (with money!) on the Emerald Isle http://rp-pix.com/dq $IRL
about 439 days ago by STawesome
The Real Ireland Question
Feb 06, 5:30AM
$IRL Irish PM survives confidence vote, bettering his Thai counterpart who had the walk the plank after "97 bailout. http://bbc.in/gVrAak
about 498 days ago by rambalihuahin
European Sovereign Debt Heating Up Again… Ireland and Greece http://bit.ly/gaPUcJ $IRL, $AIB, $IREL
about 512 days ago by theBack9
US investors who want to trade the #Irish bailout can go with $AIB $IRL & $EIRL. Not for the faint of heart though #trading #stocks $$
about 548 days ago by mohannadaama
If u don't have stomach for $IRE, take a look at $IRL. Little exposure to financials or real estate.15% discount to NAV.
about 555 days ago by WPThatcher
#EU can tell #Ireland they have to borrow money, raise tax, haircut bonds, whatever; just don't short the Guinness. $IRL
about 559 days ago by macroQmicro
IMF and ECB doing Irish Bank exam tmo. I wonder the doctor will order... $IRE $IRL $AIB
about 560 days ago by stockgut
$IRL, buy Ireland and go away, http://bit.ly/a5uBq9
about 560 days ago by moiselevi
#Merkel Tells Her Party #Europe Can't Afford to Let #Euro Fail Over #Debt: Will #bailout Ireland. http://bit.ly/ddmBEd #EU $EWG $IRL
about 561 days ago by macroQmicro
#Merkel Tells Her Party #Europe Can't Afford to Let #Euro Fail Over #Debt: Will #bailout Ireland. http://bit.ly/ddmBEd #EU$EWG $IRL
about 561 days ago by macroQmicro
RT @theback9: Must Read: European CDS Blowing Up Like Biggie Smalls $IRL, IRE, $RBG http://bit.ly/bbCzKn
about 576 days ago by dvolatility
Must Read: European CDS Blowing Up Like Biggie Smalls $IRL, IRE, $RBG http://bit.ly/bbCzKn
about 576 days ago by theBack9
RT @MarketBeat: #Ireland Proves Again It’s Not #Greece http://on.wsj.com/cYEaT9 Raises funds relatively easily despite S&P downgrade $IRL
about 643 days ago by macroQmicro
Commented on: "Luck o' the Irish Runs Out" http://soc.li/KTrqujO $IRL
about 644 days ago by Morph366
Looking at $IRL, a CEF selling at a 14% discount. The Irish have instituted austerity measures and are wisely taking their medicine.
about 646 days ago by WPThatcher
http://tinyurl.com/ybtt849 -- PIIGS ETFs Getting Slaughtered ($EWP, $EWI, $IRL)
about 797 days ago by MatthewMcCall
While you're drinking green beer today. Think about a few Irish stocks. Nice piece from Charlie Price: http://su.pr/9nxCrm $IRL
about 805 days ago by AaronLevitt
$IRL Here's hoping the Luck of the Irish returns - Let St. Patrick drive out demon of debt, rev up growth engine http://bit.ly/d8SYeW
about 805 days ago by phi618
Happy St. Patrick's Day eve! $IRL
about 806 days ago by macroQmicro
$$ Bank of Ireland $irl ticker for States I think down 4%
about 912 days ago by o01tac
@plynchh check out $IRL stealth rally in Ireland.
about 987 days ago by yamnuska
$kbe $irl lod
about 1064 days ago by o01tac
The country of Ireland is trading at a 10-year low. $IRL
about 1327 days ago by dogwood

Recent Quotes

Symbol Price Chg Chg % Market Cap
IRL 7.64 -0.17 -2.18%
IRIS 10.69 -0.27 -2.46% 196.73M
IRF 18.86 -0.36 -1.87% 1.328B
IRET 7.06 -0.08 -1.12% 600.19M
IRE 5.06 -0.13 -2.50%
IRDMZ 1.65 +0.00 +0.00%
IRDM 8.485 -0.12 -1.34% 629.61M
IRC 8.16 -0.24 -2.86% 747.85M
IRBT 21.34 -0.46 -2.11% 595.79M
IR 41.75 -1.18 -2.75% 12.77B
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