|IE0008643474 -- Ireland Fund|| |
EUR 1.00 0.00 0.00%
The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and IE0008643474 are completely uncorrelated. Although it is extremely important to respect IE0008643474 IR
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The way in which we are 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 inspecting IE0008643474 IR technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
IE0008643474 IR Relative Risk vs. Return Landscape
If you would invest 100.00
in IE0008643474 IR on August 23, 2018
and sell it today you would earn a total of 0.00
from holding IE0008643474 IR or generate 0.0%
return on investment over 30
days. IE0008643474 IR 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 IE0008643474 IR and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IE0008643474 Current Valuation
September 22, 2018
IE0008643474 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average IE0008643474 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 IE0008643474
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days IE0008643474 IR has generated negative risk-adjusted returns adding no value to fund investors.