|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.
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 (%)
NEM GLB Market Risk Analysis
Sharpe Ratio = 0.0
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
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.