COPM.AS - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

7/7 Very High

7 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (3Y)

34.3% p.a.

Fallback

Max Drawdown (3Y)

-37.1%

Fallback

Sharpe Ratio

0.93

Good (0.5 - 1.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

20 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

63.3%

Focused

Effective Holdings

~23

of 43 holdings

Top Sector

100.0%

Basic Materials

Top Region / Country

26.7%

Canada

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+39.9%
3 Years	34.3%	-37.1%	0.93	+34.6%
5 Years	—	—	—	—
10 Years	—	—	—	—

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 17.9

🟢 Deep market liquidity & capital coverage (Tier 1)

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (12.9 analysts)

🔴 Extreme top 10 holdings concentration: 63% of fund in top 10 positions.

⚠️ Elevated emerging markets risk: 30% Emerging Markets.

🔴 Severe sector concentration risk: 100% in "Basic Materials".

⚠️ Industry concentration: 44% in "Copper".

⚠️ Industry concentration: 40% in "Other Industrial Metals & Mining".

🔴 Growth estimates are hyper-concentrated: Top 3 growth drivers account for 85% of total forward growth.

🔴 High Commodity Concentration: 100% of fund depends directly on volatile energy and raw material markets.

🔴 Dominant Cyclicality: 100% in cyclical industries – higher drawdown risk in recessions.