Third Avenue (Ireland) Manager Performance Evaluation

F000002PCS -- Ireland Fund  

USD 52.42  0.41  0.79%

The entity has beta of 0.0029 which indicates as returns on market increase, Third Avenue returns are expected to increase less than the market. However during bear market, the loss on holding Third Avenue will be expected to be smaller as well.. Even though it is essential to pay attention to Third Avenue Real current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Third Avenue Real Estate Val A1 USD exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Third Avenue Real Relative Risk vs. Return Landscape

If you would invest  5,282  in Third Avenue Real Estate Val A1 USD on November 10, 2018 and sell it today you would lose (40.00)  from holding Third Avenue Real Estate Val A1 USD or give up 0.76% of portfolio value over 30 days. Third Avenue Real Estate Val A1 USD is generating negative expected returns and assumes 0.4372% volatility on return distribution over the 30 days horizon. Simply put, 3% of equities are less volatile than Third Avenue Real Estate Val A1 USD and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Third Avenue Real Estate Val A1 USD is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 2.99 times less risky than the market. the firm trades about -0.58 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 of returns per unit of risk over similar time horizon.

Third Avenue Current Valuation

Not valued
December 10, 2018
52.42
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Third Avenue is Unknown risk asset. Third Avenue Real current Real Value cannot be determined due to lack of data. The regular price of Third Avenue Real is $52.42. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Third Avenue Real from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.

Third Avenue Market Risk Analysis

Sharpe Ratio = -0.5774
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Third Avenue Relative Performance Indicators

Estimated Market Risk
 0.44
  actual daily
 
 3 %
of total potential
 
3
Expected Return
 -0.25
  actual daily
 
 0 %
of total potential
 
0
Risk-Adjusted Return
 -0.58
  actual daily
 
 0 %
of total potential
 
0
Based on monthly moving average Third Avenue 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 Third Avenue by adding it to a well-diversified portfolio.

Third Avenue Performance Rating

Third Avenue Real Estate Val A1 USD Risk Adjusted Performance Analysis

0

Risk-Adjusted Fund Performance

Over the last 30 days Third Avenue Real Estate Val A1 USD has generated negative risk-adjusted returns adding no value to fund investors.

Third Avenue Alerts

Equity Alerts and Improvement Suggestions

Third Avenue Real is not yet fully synchronised with the market data
Third Avenue Real generates negative expected return over the last 30 days
The fund retains 98.31% of its assets under management (AUM) in equities

Third Avenue Performance Indicators

Third Avenue Real Basic Price Performance Measures

Fifty Two Week Low59.3945
Fifty Two Week High59.3945
Annual Report Expense Ratio0.00%
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