BNY MEL (Ireland) Manager Performance Evaluation

1338440 -- Ireland Fund  

USD 2.23  0.0258  0.01%

The organization shows Beta (market volatility) of -0.0011 which signifies that as returns on market increase, returns on owning BNY MEL are expected to decrease at a much smaller rate. During bear market, BNY MEL is likely to outperform the market. Although it is extremely important to respect BNY MEL PAN 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 analyzing BNY MEL PAN technical indicators you can now evaluate if the expected return of 0.0505% will be sustainable into the future.
Horizon     30 Days    Login   to change

BNY MEL PAN Relative Risk vs. Return Landscape

If you would invest  223.00  in BNY MEL PAN USD C on December 20, 2018 and sell it today you would earn a total of  0.45  from holding BNY MEL PAN USD C or generate 0.2% return on investment over 30 days. BNY MEL PAN USD C is generating 0.0505% of daily returns and assumes 0.1009% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than BNY MEL and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, BNY MEL is expected to generate 0.05 times more return on investment than the market. However, the company is 19.33 times less risky than the market. It trades about 0.5 of its potential returns per unit of risk. The DOW is currently generating roughly 0.02 per unit of risk.

BNY MEL Market Risk Analysis

Sharpe Ratio = 0.5
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
1338440
Based on monthly moving average BNY MEL is performing at about 33% 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 BNY MEL by adding it to a well-diversified portfolio.

BNY MEL Performance Rating

BNY MEL PAN USD C Risk Adjusted Performance Analysis

33

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in BNY MEL PAN USD C are ranked lower than 33 (%) of all funds and portfolios of funds over the last 30 days.

BNY MEL Alerts

Equity Alerts and Improvement Suggestions

BNY MEL PAN is not yet fully synchronised with the market data
Check also Trending Equities. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
Search macroaxis.com