|13077673 -- Ireland Fund|| |
SEK 12.66 0.37 3.01%
The entity owns Beta (Systematic Risk) of -0.1375 which signifies that as returns on market increase, returns on owning 13077673 are expected to decrease at a much smaller rate. During bear market, 13077673 is likely to outperform the market. Although it is extremely important to respect 13077673
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The way in which we are 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 evaluating 13077673 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
13077673 Relative Risk vs. Return Landscape
If you would invest 1,266
in 13077673 on January 24, 2019
and sell it today you would earn a total of 0.00
from holding 13077673 or generate 0.0%
return on investment over 30
days. 13077673 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 13077673 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
13077673 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average 13077673 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 13077673
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days 13077673 has generated negative risk-adjusted returns adding no value to fund investors.