|23090023 -- Ireland Fund|| |
GBP 110.12 1.11 1.00%
The entity owns Beta (Systematic Risk) of 0.0087 which signifies that as returns on market increase, 23090023 returns are expected to increase less than the market. However during bear market, the loss on holding 23090023 will be expected to be smaller as well. Although it is extremely important to respect 23090023
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 23090023 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
23090023 Relative Risk vs. Return Landscape
If you would invest 11,012
in 23090023 on January 23, 2019
and sell it today you would earn a total of 0.00
from holding 23090023 or generate 0.0%
return on investment over 30
days. 23090023 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 23090023 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
23090023 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average 23090023 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 23090023
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days 23090023 has generated negative risk-adjusted returns adding no value to fund investors.