|IE00B0L26Q21 -- Ireland Fund|| |
EUR 185.15 0.00 0.00%
The entity has beta of 0.0 which indicates the returns on MARKET and Sector Healthcare are completely uncorrelated. Although it is extremely important to respect Sector Healthcare Fund
current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring 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 Sector Healthcare Fund technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Sector Healthcare Fund Relative Risk vs. Return Landscape
If you would invest 18,515
in Sector Healthcare Fund EUR on June 20, 2018
and sell it today you would earn a total of 0.00
from holding Sector Healthcare Fund EUR or generate 0.0%
return on investment over 30
days. Sector Healthcare Fund EUR 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 Sector Healthcare Fund EUR and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Sector Healthcare Current Valuation
July 20, 2018
Sector Healthcare Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Sector Healthcare 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 Sector Healthcare
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days Sector Healthcare Fund EUR has generated negative risk-adjusted returns adding no value to fund investors.
|Sector Healthcare generates negative expected return over the last 30 days|
|The fund retains about 50.96% of its assets under management (AUM) in cash|