|2300682 -- Ireland Fund|| |
USD 983.89 0.00 0.00%
The entity owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and 2300682 are completely uncorrelated. Although it is extremely important to respect 2300682
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 2300682 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
2300682 Relative Risk vs. Return Landscape
If you would invest 98,389
in 2300682 on September 21, 2018
and sell it today you would earn a total of 0.00
from holding 2300682 or generate 0.0%
return on investment over 30
days. 2300682 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 2300682 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
2300682 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average 2300682 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 2300682
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days 2300682 has generated negative risk-adjusted returns adding no value to fund investors.