Altana Corporate (Ireland) Manager Performance Evaluation

F00000VPA9 -- Ireland Fund  

EUR 96.51  0.01  0.0104%

The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Altana Corporate are completely uncorrelated. Although it is extremely important to respect Altana Corporate Bond historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards 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 analyzing Altana Corporate Bond technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
00

Risk-Adjusted Fund Performance

Over the last 30 days Altana Corporate Bond A Inst EUR Acc has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly stable primary indicators, Altana Corporate is not utilizing all of its potentials. The current stock price fuss, may contribute to near short-term losses for the directors.
Horizon     30 Days    Login   to change

Altana Corporate Bond Relative Risk vs. Return Landscape

If you would invest  9,651  in Altana Corporate Bond A Inst EUR Acc on May 25, 2019 and sell it today you would earn a total of  0.00  from holding Altana Corporate Bond A Inst EUR Acc or generate 0.0% return on investment over 30 days. Altana Corporate Bond A Inst EUR Acc 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 Altana Corporate and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 

Altana Corporate Current Valuation

Not valued
June 24, 2019
96.51
Market Value
0.00
Real Value
0.00
Upside
Altana Corporate is Unknown risk asset. Altana Corporate Bond prevailing Real Value cannot be determined due to lack of data. The current price of Altana Corporate Bond is €96.51. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Macroaxis essentially approximates value of Altana Corporate Bond from analyzing the entity technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.

Altana Corporate Market Risk Analysis

Sharpe Ratio = 0.0
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
F00000VPA9
Based on monthly moving average Altana Corporate 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 Altana Corporate by adding it to a well-diversified portfolio.

Altana Corporate Alerts

Equity Alerts and Improvement Suggestions

Altana Corporate is not yet fully synchronised with the market data
Additionally see Investing Opportunities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.
Search macroaxis.com