|914793 -- Ireland Fund|| |
EUR 133.91 0.00 0.00%
The entity owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and 914793 are completely uncorrelated. . Although it is extremely important to respect 914793
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 914793 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
914793 Relative Risk vs. Return Landscape
If you would invest 13,391
in 914793 on December 16, 2018
and sell it today you would earn a total of 0.00
from holding 914793 or generate 0.0%
return on investment over 30
days. 914793 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 914793 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
914793 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average 914793 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 914793
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days 914793 has generated negative risk-adjusted returns adding no value to fund investors.
Check also Trending Equities
. Please also try Idea Optimizer
module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .