TENAX CRDIT (Ireland) Manager Performance Evaluation

18503402 -- Ireland Fund  

EUR 103.43  2.65  2.63%

The entity has beta of 0.0702 which indicates as returns on market increase, TENAX CRDIT returns are expected to increase less than the market. However during bear market, the loss on holding TENAX CRDIT will be expected to be smaller as well.. Although it is extremely important to respect TENAX CRDIT EUR current price movements, it is better to be realistic regarding the information on equity historical returns. The approach into measuring 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 examining TENAX CRDIT EUR technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.
Horizon     30 Days    Login   to change

TENAX CRDIT EUR Relative Risk vs. Return Landscape

If you would invest  10,343  in TENAX CRDIT EUR B on November 18, 2018 and sell it today you would earn a total of  0.00  from holding TENAX CRDIT EUR B or generate 0.0% return on investment over 30 days. TENAX CRDIT EUR B 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 TENAX CRDIT EUR B 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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TENAX CRDIT Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average TENAX CRDIT 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 TENAX CRDIT by adding it to a well-diversified portfolio.

TENAX CRDIT Performance Rating

TENAX CRDIT EUR B Risk Adjusted Performance Analysis


Risk-Adjusted Fund Performance

Over the last 30 days TENAX CRDIT EUR B has generated negative risk-adjusted returns adding no value to fund investors.


Equity Alerts and Improvement Suggestions

TENAX CRDIT EUR is not yet fully synchronised with the market data
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