26419120 (Ireland) Performance

The entity owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and 26419120 are completely uncorrelated. 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.

Risk-Adjusted Performance

Over the last 30 days 26419120 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, 26419120 is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short term losses for the investors.
Horizon     30 Days    Login   to change

26419120 Relative Risk vs. Return Landscape

If you would invest (100.00)  in 26419120 on April 20, 2019 and sell it today you would earn a total of  100.00  from holding 26419120 or generate -100.0% 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 Alerts

Equity Alerts and Improvement Suggestions

26419120 is not yet fully synchronised with the market data
26419120 has some characteristics of a very speculative penny stock
See also Trending Equities. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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