BNY Mellon (Ireland) Backtesting

IE0032722484 -- Ireland Fund  

EUR 2.04  0.01  0.49%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of BNY Mellon Euroland Bond C EUR and determine expected loss or profit from investing in BNY Mellon over given investment horizon. Please also check BNY Mellon Hype Analysis, BNY Mellon Correlation, Portfolio Optimization, BNY Mellon Volatility as well as analyze BNY Mellon Alpha and Beta and BNY Mellon Performance.
 Time Horizon     30 Days    Login   to change

BNY Mellon 'What if' Analysis

June 18, 2018
No Change 0.00  0.0%
In 31 days
July 18, 2018
If you would invest  0.00  in BNY Mellon on June 18, 2018 and sell it all today you would earn a total of 0.00 from holding BNY Mellon Euroland Bond C EUR or generate 0.0% return on investment in BNY Mellon over 30 days. The Sub-Fund aims to provide income and total return that exceeds the Benchmark through investment primarily, meaning at...

BNY Mellon Upside/Downside Indicators


BNY Mellon Market Premium Indicators

BNY Mellon Euroland Backtested Returns

We consider BNY Mellon not very volatile. BNY Mellon Euroland secures Sharpe Ratio (or Efficiency) of 0.0018 which signifies that BNY Mellon Euroland had 0.0018% of return per unit of volatility over the last 1 month. Our approach towards foreseeing 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-one technical indicators for BNY Mellon Euroland Bond C EUR which you can use to evaluate future volatility of the entity. Please confirm BNY Mellon Euroland to double-check if risk estimate we provide are consistent with the epected return of 7.0E-4%. The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and BNY Mellon are completely uncorrelated. Although it is extremely important to respect BNY Mellon Euroland historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach towards foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing BNY Mellon Euroland technical indicators you can now evaluate if the expected return of 7.0E-4% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 

No correlation between past and present

BNY Mellon Euroland Bond C EUR has no correlation between past and present. Overlapping area represents the amount of predictability between BNY Mellon time series from June 18, 2018 to July 3, 2018 and July 3, 2018 to July 18, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BNY Mellon Euroland price movement. The serial correlation of 0.0 indicates that just 0.0% of current BNY Mellon price fluctuation can be explain by its past prices.
Spearman Rank Test -0.25
Average Price 2.04
Lagged Average Price 2.04

BNY Mellon Euroland lagged returns against current returns

 Current and Lagged Values 

BNY Mellon regressed lagged prices vs. current prices

 Current vs Lagged Prices 

BNY Mellon Lagged Returns

 Regressed Prices 

Current Sentiment - IE0032722484

BNY Mellon Euroland Investor Sentiment
Macroaxis portfolio users are indifferent in their judgment towards investing in BNY Mellon Euroland Bond C EUR. What is your opinion about investing in BNY Mellon Euroland Bond C EUR? Are you bullish or bearish?
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50% Bearish

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Please also check BNY Mellon Hype Analysis, BNY Mellon Correlation, Portfolio Optimization, BNY Mellon Volatility as well as analyze BNY Mellon Alpha and Beta and BNY Mellon Performance. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.