IE00B05LZH92 (Ireland) Backtesting

IE00B05LZH92 -- Ireland Fund  

GBp 128.45  0.00  0.00%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of IE00B05LZH92 IR and determine expected loss or profit from investing in IE00B05LZH92 over given investment horizon. Please also check IE00B05LZH92 Hype Analysis, IE00B05LZH92 Correlation, Portfolio Optimization, IE00B05LZH92 Volatility as well as analyze IE00B05LZH92 Alpha and Beta and IE00B05LZH92 Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

IE00B05LZH92 'What if' Analysis

January 20, 2019
0.00
No Change 0.00  0.0%
In 2 months and 1 day
March 21, 2019
0.00
If you would invest  0.00  in IE00B05LZH92 on January 20, 2019 and sell it all today you would earn a total of 0.00 from holding IE00B05LZH92 IR or generate 0.0% return on investment in IE00B05LZH92 over 60 days. IE00B05LZH92 is related to or competes with IE0004807107, Fidelity ILF. The investment objective of the Institutional Sterling Ultra Short Bond Fund is to seek to maximise current income consi...

IE00B05LZH92 Upside/Downside Indicators

Information Ratio(42.91)
Maximum Drawdown0.0234
Potential Upside0.0078
  

IE00B05LZH92 Market Premium Indicators

Risk Adjusted Performance(1.62)
Total Risk Alpha(0.010386)

IE00B05LZH92 IR Backtested Returns

IE00B05LZH92 is abnormally risky given 2 months investment horizon. IE00B05LZH92 IR retains Efficiency (Sharpe Ratio) of 0.149 which attests that the entity had 0.149% of return per unit of price deviation over the last 2 months. Our way in which we are determining volatility of a fund is to use IE00B05LZH92 IR market data together with company specific technical indicators. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 25.0315% are justified by taking the suggested risk. Use IE00B05LZH92 IR Standard Deviation of 0.0039 to evaluate company specific risk that cannot be diversified away. The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and IE00B05LZH92 are completely uncorrelated. Although it is essential to pay attention to IE00B05LZH92 IR existing price patterns, it is also good to be reasonable about what you can actually do with equity price patterns. Macroaxis way in which we are determining future performance of any fund is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if IE00B05LZH92 expected return of 25.0315 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.16 
correlation synergy

Very weak predictability

IE00B05LZH92 IR has very weak predictability. Overlapping area represents the amount of predictability between IE00B05LZH92 time series from January 20, 2019 to February 19, 2019 and February 19, 2019 to March 21, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of IE00B05LZH92 IR price movement. The serial correlation of 0.16 indicates that over 16.0% of current IE00B05LZH92 price fluctuation can be explain by its past prices.
Correlation Coefficient0.16
Spearman Rank Test0.96
Residual Average0.0
Price Variance8948667.52

IE00B05LZH92 IR lagged returns against current returns

 Current and Lagged Values 
      Timeline 

IE00B05LZH92 regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

IE00B05LZH92 Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - IE00B05LZH92

IE00B05LZH92 IR Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in IE00B05LZH92 IR. What is your judgment towards investing in IE00B05LZH92 IR? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please also check IE00B05LZH92 Hype Analysis, IE00B05LZH92 Correlation, Portfolio Optimization, IE00B05LZH92 Volatility as well as analyze IE00B05LZH92 Alpha and Beta and IE00B05LZH92 Performance. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
Search macroaxis.com