|1919056 -- Ireland Fund|| |
GBP 38.12 3.23 7.81%
The entity owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and 1919056 are completely uncorrelated. Although it is extremely important to respect 1919056
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 1919056 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
1919056 Relative Risk vs. Return Landscape
If you would invest 3,812
in 1919056 on October 20, 2018
and sell it today you would earn a total of 0.00
from holding 1919056 or generate 0.0%
return on investment over 30
days. 1919056 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 1919056 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
1919056 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average 1919056 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 1919056
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days 1919056 has generated negative risk-adjusted returns adding no value to fund investors.
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