26419120 (Ireland) Performance

26419120 -- Ireland ETF  

USD 13.98  12.30  46.80%

The entity owns Beta (Systematic Risk) of -0.4821 which signifies that as returns on market increase, returns on owning 26419120 are expected to decrease at a much smaller rate. During bear market, 26419120 is likely to outperform the market.. Although it is extremely important to respect 26419120 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 etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating 26419120 technical indicators you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
Horizon     30 Days    Login   to change

26419120 Relative Risk vs. Return Landscape

If you would invest  1,398  in 26419120 on September 19, 2018 and sell it today you would earn a total of  0.00  from holding 26419120 or generate 0.0% return on investment over 30 days. 26419120 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 26419120 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
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26419120 Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average 26419120 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 26419120 by adding it to a well-diversified portfolio.

26419120 Performance Rating

26419120 Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days 26419120 has generated negative risk-adjusted returns adding no value to investors with long positions.

26419120 Alerts

Equity Alerts and Improvement Suggestions

26419120 is not yet fully synchronised with the market data
26419120 generates negative expected return over the last 30 days
Check also Trending Equities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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