BNY Mellon (Ireland) Manager Performance Evaluation

IE0004234583 -- Ireland Fund  

USD 2.56  0.02  0.78%

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 SP 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 SP technical indicators you can now evaluate if the expected return of 0.0981% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

BNY Mellon SP Relative Risk vs. Return Landscape

If you would invest  255.00  in BNY Mellon SP 500 Idx Tracker A USD on July 18, 2018 and sell it today you would earn a total of  1.00  from holding BNY Mellon SP 500 Idx Tracker A USD or generate 0.39% return on investment over 30 days. BNY Mellon SP 500 Idx Tracker A USD is generating 0.0981% of daily returns and assumes 0.1961% volatility on return distribution over the 30 days horizon. Simply put, 1% of equities are less volatile than BNY Mellon SP 500 Idx Tracker A 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, BNY Mellon SP 500 Idx Tracker A USD is expected to generate 0.36 times more return on investment than the market. However, the company is 2.81 times less risky than the market. It trades about 0.5 of its potential returns per unit of risk. The DOW is currently generating roughly 0.11 per unit of risk.

BNY Mellon Current Valuation

Not valued
August 17, 2018
2.56
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
BNY Mellon is Unknown risk asset. BNY Mellon SP prevailing Real Value cannot be determined due to lack of data. The current price of BNY Mellon SP is $2.56. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of BNY Mellon SP 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 = 0.5
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BNY Mellon Relative Performance Indicators

Estimated Market Risk
 0.2
  actual daily
 
 99 %
of total potential
  
Expected Return
 0.1
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 0.5
  actual daily
 
 33 %
of total potential
  
Based on monthly moving average BNY Mellon is performing at about 33% 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.

Performance Rating

BNY Mellon SP 500 Idx Tracker A USD Risk Adjusted Performance Analysis
33 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in BNY Mellon SP 500 Idx Tracker A USD are ranked lower than 33 (%) of all funds and portfolios of funds over the last 30 days.

BNY Mellon Alerts

Equity Alerts and Improvement Suggestions
The fund retains 99.34% of its assets under management (AUM) in equities
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