|10684587 -- Ireland Fund|| |
EUR 1.66 0.0014 0.08%
The entity shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and ABS INS are completely uncorrelated. Although it is extremely important to respect ABS INS EUR
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 examining ABS INS EUR technical indicators
you can right now evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days ABS INS EUR B1P ACC has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, ABS INS is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
ABS INS EUR Relative Risk vs. Return Landscape
If you would invest 165.86
in ABS INS EUR B1P ACC on June 20, 2019
and sell it today you would earn a total of 0.00
from holding ABS INS EUR B1P ACC or generate 0.0%
return on investment over 30
days. ABS INS EUR B1P ACC is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than ABS INS and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
ABS INS Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average ABS INS is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ABS INS
by adding it to a well-diversified