|19808801 -- Ireland Fund|| |
EUR 11.49 0.43 3.89%
The entity owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and 19808801 are completely uncorrelated. Although it is extremely important to respect 19808801
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 19808801 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
19808801 Relative Risk vs. Return Landscape
If you would invest 1,149
in 19808801 on November 9, 2018
and sell it today you would earn a total of 0.00
from holding 19808801 or generate 0.0%
return on investment over 30
days. 19808801 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 19808801 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
19808801 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average 19808801 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 19808801
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days 19808801 has generated negative risk-adjusted returns adding no value to fund investors.