NT North (Ireland) Manager Performance Evaluation

IE00B02L3N44 -- Ireland Fund  

EUR 335.12  2.46  0.74%

The fund owns Beta (Systematic Risk) of 0.0802 which conveys that as returns on market increase, NT North returns are expected to increase less than the market. However during bear market, the loss on holding NT North will be expected to be smaller as well.. Although it is vital to follow to NT North America existing price patterns, it is good to be conservative about what you can actually do with the information regarding equity price patterns. The way in which we are estimating 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 NT North America technical indicators you can at this moment evaluate if the expected return of 0.3698% will be sustainable into the future.
Horizon     30 Days    Login   to change

NT North America Relative Risk vs. Return Landscape

If you would invest  33,266  in NT North America Equity Index B Euro on August 24, 2018 and sell it today you would earn a total of  246.00  from holding NT North America Equity Index B Euro or generate 0.74% return on investment over 30 days. NT North America Equity Index B Euro is generating 0.3698% of daily returns and assumes 0.5229% volatility on return distribution over the 30 days horizon. Simply put, 4% of equities are less volatile than NT North America Equity Index B Euro and 93% 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, NT North America Equity Index B Euro is expected to generate 1.17 times more return on investment than the market. However, the company is 1.17 times more volatile than its market benchmark. It trades about 0.71 of its potential returns per unit of risk. The DOW is currently generating roughly 0.39 per unit of risk.

NT North Current Valuation

Not valued
September 23, 2018
335.12
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
NT North is Unknown risk asset. NT North America latest Real Value cannot be determined due to lack of data. The recent price of NT North America is €335.12. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. Macroaxis ideally forecasts value of NT North America from analyzing the organization technical indicators and Probability Of Bankruptcy. In general, we recommend to invest in undervalued equities and to get rid of overvalued equities since sooner or later instruments prices and their ongoing real values will come together.

NT North Market Risk Analysis

Sharpe Ratio = 0.7071
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NT North Relative Performance Indicators

Estimated Market Risk
 0.52
  actual daily
 
 96 %
of total potential
  
Expected Return
 0.37
  actual daily
 
 7 %
of total potential
  
Risk-Adjusted Return
 0.71
  actual daily
 
 46 %
of total potential
  
Based on monthly moving average NT North is performing at about 46% 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 NT North by adding it to a well-diversified portfolio.

NT North Performance Rating

NT North America Equity Index B Euro Risk Adjusted Performance Analysis

46 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in NT North America Equity Index B Euro are ranked lower than 46 (%) of all funds and portfolios of funds over the last 30 days.

NT North Performance Indicators

NT North America Basic Price Performance Measures

Fifty Two Week Low233.2760
Fifty Two Week High233.2760
Annual Report Expense Ratio0.00%
Please also check Risk vs Return Analysis. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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