The fund owns Beta (Systematic Risk) of -0.0014 which attests that as returns on market increase, returns on owning IE00B05LZH92 are expected to decrease at a much smaller rate. During bear market, IE00B05LZH92 is likely to outperform the market.. Although it is extremely important to respect IE00B05LZH92 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 IE00B05LZH92 IR technical indicators you can at this moment evaluate if the expected return of 0.0094% will be sustainable into the future.
|Horizon||30 Days Login to change|
IE00B05LZH92 IR Relative Risk vs. Return LandscapeIf you would invest 1,280,800 in IE00B05LZH92 IR on November 18, 2018 and sell it today you would earn a total of 600.00 from holding IE00B05LZH92 IR or generate 0.05% return on investment over 30 days. IE00B05LZH92 IR is generating 0.0094% of daily returns and assumes 0.0128% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than IE00B05LZH92 IR and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IE00B05LZH92 Current Valuation
December 18, 2018
IE00B05LZH92 is Unknown risk asset. IE00B05LZH92 IR latest Real Value cannot be determined due to lack of data. The recent price of IE00B05LZH92 IR is p;12814.0. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of IE00B05LZH92 IR from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to invest in undervalued equities and to sell overvalued equities since sooner or later instruments prices and their ongoing real values will blend.
IE00B05LZH92 Market Risk Analysis
Sharpe Ratio = 0.7303
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in IE00B05LZH92 IR are ranked lower than 48 (%) of all funds and portfolios of funds over the last 30 days.
|Fifty Two Week Low||126.0290|
|Fifty Two Week High||126.0290|
|Annual Report Expense Ratio||0.15%|