BNY Mellon (Ireland) Manager Performance Evaluation

IE0004091025 -- Ireland Fund  

USD 3.09  0.02  0.64%

The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and BNY Mellon are completely uncorrelated. Although it is extremely important to respect BNY Mellon Global historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach 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 BNY Mellon Global technical indicators you can now evaluate if the expected return of 0.2172% will be sustainable into the future.
Horizon     30 Days    Login   to change

BNY Mellon Global Relative Risk vs. Return Landscape

If you would invest  307.00  in BNY Mellon Global Opportunities B USD on September 22, 2018 and sell it today you would earn a total of  2.00  from holding BNY Mellon Global Opportunities B USD or generate 0.65% return on investment over 30 days. BNY Mellon Global Opportunities B USD is generating 0.2172% of daily returns and assumes 0.3761% volatility on return distribution over the 30 days horizon. Simply put, 3% of equities are less volatile than BNY Mellon Global Opportunities B USD 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, BNY Mellon Global Opportunities B USD is expected to generate 0.35 times more return on investment than the market. However, the company is 2.82 times less risky than the market. It trades about 0.58 of its potential returns per unit of risk. The DOW is currently generating roughly -0.19 per unit of risk.

BNY Mellon Current Valuation

Not valued
October 22, 2018
3.09
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
BNY Mellon is Unknown risk asset. BNY Mellon Global prevailing Real Value cannot be determined due to lack of data. The current price of BNY Mellon Global is $3.09. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of BNY Mellon Global from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point future time assets prices and their ongoing real values will blend.

BNY Mellon Market Risk Analysis

Sharpe Ratio = 0.5774
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BNY Mellon Relative Performance Indicators

Estimated Market Risk
 0.38
  actual daily
 
 97 %
of total potential
  
Expected Return
 0.22
  actual daily
 
 4 %
of total potential
  
Risk-Adjusted Return
 0.58
  actual daily
 
 38 %
of total potential
  
Based on monthly moving average BNY Mellon is performing at about 38% 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 BNY Mellon by adding it to a well-diversified portfolio.

BNY Mellon Performance Rating

BNY Mellon Global Opportunities B USD Risk Adjusted Performance Analysis

38 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in BNY Mellon Global Opportunities B USD are ranked lower than 38 (%) of all funds and portfolios of funds over the last 30 days.

BNY Mellon Alerts

Equity Alerts and Improvement Suggestions

BNY Mellon Global is not yet fully synchronised with the market data
The fund generated five year return of -3.0%
BNY Mellon Global Opportunities B USD retains about 9.25% of its assets under management (AUM) in cash
Please also check Risk vs Return Analysis. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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