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.
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.