Wellington (Ireland) Manager Performance Evaluation

F00000MQVQ -- Ireland Fund  

USD 16.45  0.01  0.06%

The entity maintains market beta of -0.0505 which attests that as returns on market increase, returns on owning Wellington are expected to decrease at a much smaller rate. During bear market, Wellington is likely to outperform the market.. Although it is extremely important to respect Wellington US Core historical price patterns, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining 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 examining Wellington US Core technical indicators you can presently evaluate if the expected return of 0.2145% will be sustainable into the future.
Horizon     30 Days    Login   to change

Wellington US Core Relative Risk vs. Return Landscape

If you would invest  1,631  in Wellington US Core HY Bd USD S Acc on August 22, 2018 and sell it today you would earn a total of  14.00  from holding Wellington US Core HY Bd USD S Acc or generate 0.86% return on investment over 30 days. Wellington US Core HY Bd USD S Acc is generating 0.2145% of daily returns and assumes 0.3895% volatility on return distribution over the 30 days horizon. Simply put, 3% of equities are less volatile than Wellington US Core HY Bd USD S Acc and 96% 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, Wellington US Core HY Bd USD S Acc is expected to generate 0.93 times more return on investment than the market. However, the company is 1.08 times less risky than the market. It trades about 0.55 of its potential returns per unit of risk. The DOW is currently generating roughly 0.38 per unit of risk.

Wellington Current Valuation

Not valued
September 21, 2018
16.45
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Wellington is Unknown risk asset. Wellington US Core prevalent Real Value cannot be determined due to lack of data. The last-minute price of Wellington US Core is $16.45. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Wellington US Core from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to purchase undervalued securities and to sell overvalued securities since at some point equities prices and their ongoing real values will grow together.

Wellington Market Risk Analysis

Sharpe Ratio = 0.5507
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Wellington Relative Performance Indicators

Estimated Market Risk
 0.39
  actual daily
 
 97 %
of total potential
  
Expected Return
 0.21
  actual daily
 
 3 %
of total potential
  
Risk-Adjusted Return
 0.55
  actual daily
 
 36 %
of total potential
  
Based on monthly moving average Wellington is performing at about 36% 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 Wellington by adding it to a well-diversified portfolio.

Wellington Performance Rating

Wellington US Core HY Bd USD S Acc Risk Adjusted Performance Analysis

36 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Wellington US Core HY Bd USD S Acc are ranked lower than 36 (%) of all funds and portfolios of funds over the last 30 days.

Wellington Alerts

Equity Alerts and Improvement Suggestions

The fund retains about 6.34% of its assets under management (AUM) in cash
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