|31619240 -- Ireland Fund|| |
GBP 10.30 0.90 9.57%
The entity owns Beta (Systematic Risk) of -0.5137 which signifies that as returns on market increase, returns on owning 31619240 are expected to decrease at a much smaller rate. During bear market, 31619240 is likely to outperform the market. Although it is extremely important to respect 31619240
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 31619240 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
31619240 Relative Risk vs. Return Landscape
If you would invest 1,030
in 31619240 on January 18, 2019
and sell it today you would earn a total of 0.00
from holding 31619240 or generate 0.0%
return on investment over 30
days. 31619240 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 31619240 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
31619240 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average 31619240 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 31619240
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days 31619240 has generated negative risk-adjusted returns adding no value to fund investors.