NEM GLB (Ireland) Manager Performance Evaluation

12438395 -- Ireland Fund  

USD 120.21  11.70  10.78%

The fund secures Beta (Market Risk) of 0.1451 which conveys that as returns on market increase, NEM GLB returns are expected to increase less than the market. However during bear market, the loss on holding NEM GLB will be expected to be smaller as well.. Although it is extremely important to respect NEM GLB USD price patterns, it is better to be realistic regarding the information on equity historical price patterns. The way of estimating 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 evaluating NEM GLB USD technical indicators you can today evaluate if the expected return of 0.0% will be sustainable into the future.
Horizon     30 Days    Login   to change

NEM GLB USD Relative Risk vs. Return Landscape

If you would invest  12,021  in NEM GLB USD INV ACC on November 13, 2018 and sell it today you would earn a total of  0.00  from holding NEM GLB USD INV ACC or generate 0.0% return on investment over 30 days. NEM GLB USD INV 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 NEM GLB USD INV ACC and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
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NEM GLB Market Risk Analysis

Sharpe Ratio = 0.0
Good Returns
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Based on monthly moving average NEM GLB 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 NEM GLB by adding it to a well-diversified portfolio.

NEM GLB Performance Rating

NEM GLB USD INV ACC Risk Adjusted Performance Analysis


Risk-Adjusted Fund Performance

Over the last 30 days NEM GLB USD INV ACC has generated negative risk-adjusted returns adding no value to fund investors.

NEM GLB Alerts

Equity Alerts and Improvement Suggestions

NEM GLB USD is not yet fully synchronised with the market data
NEM GLB USD generates negative expected return over the last 30 days
Check also Trending Equities. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.