SLVM.MI - 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 (5Y)

—

5-Year Horizon

Max Drawdown (5Y)

—

Deepest Drawdown

Sharpe Ratio

—

Risk / Reward

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

31 / 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

70.2%

Focused

Effective Holdings

~20

of 71 holdings

Top Sector

85.8%

Basic Materials

Top Region / Country

87.4%

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	—	—	—	—
3 Years	—	—	—	—
5 Years	—	—	—	—
10 Years	—	—	—	—

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 9.4

🟢 Deep market liquidity & capital coverage (Tier 1)

⚠️ Fund closure risk (< 50M € AUM)

🔴 Low analyst coverage (4.6 analysts, higher growth estimate uncertainty)

🔴 Extreme top 10 holdings concentration: 70% of fund in top 10 positions.

🔴 High single-country risk: 87% of portfolio in "Canada".

🔴 Severe sector concentration risk: 86% in "Basic Materials".

⚠️ Industry concentration: 47% in "Silver".

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 58% of forward growth.

🔴 High Commodity Concentration: 87% of fund depends directly on volatile energy and raw material markets.

🔴 Dominant Cyclicality: 86% in cyclical industries – higher drawdown risk in recessions.