BNY MEL (Ireland) Manager Performance Evaluation

1338440 -- Ireland Fund  

USD 2.23  0.03  1.36%

The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and BNY MEL are completely uncorrelated. 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 0.0041% will be sustainable into the future.
 Time 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 July 18, 2018 and sell it today you would earn a total of  0.00  from holding BNY MEL PAN USD C or generate 0.0% return on investment over 30 days. BNY MEL PAN USD C is generating 0.0041% of daily returns and assumes 0.9578% volatility on return distribution over the 30 days horizon. Simply put, 8% of equities are less volatile than BNY MEL PAN USD C 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 PAN USD C is expected to generate 15.37 times less return on investment than the market. In addition to that, the company is 1.74 times more volatile than its market benchmark. It trades about 0.0 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.11 per unit of volatility.

BNY MEL Market Risk Analysis

Sharpe Ratio = 0.0042
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns1338440

BNY MEL Relative Performance Indicators

Estimated Market Risk
 0.96
  actual daily
 
 92 %
of total potential
  
Expected Return
 0.0
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 0.0
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average BNY MEL 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 BNY MEL by adding it to a well-diversified portfolio.

Performance Rating

BNY MEL PAN USD C Risk Adjusted Performance Analysis
0 

Risk-Adjusted Fund Performance

Over the last 30 days BNY MEL PAN USD C has generated negative risk-adjusted returns adding no value to fund investors.
Check also Trending Equities. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.