The fund secures Beta (Market Risk) of -0.0052 which conveys that as returns on market increase, returns on owning Merrion Balanced are expected to decrease at a much smaller rate. During bear market, Merrion Balanced is likely to outperform the market. . Even though it is essential to pay attention to Merrion Balanced price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Merrion Balanced exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Merrion Balanced Relative Risk vs. Return LandscapeIf you would invest 139.00 in Merrion Balanced on December 18, 2018 and sell it today you would lose (9.00) from holding Merrion Balanced or give up 6.47% of portfolio value over 30 days. Merrion Balanced is generating negative expected returns and assumes 1.7102% volatility on return distribution over the 30 days horizon. Simply put, 15% of equities are less volatile than Merrion Balanced and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Merrion Balanced Current Valuation
Merrion Balanced is Unknown risk asset. Merrion Balanced last-minute Real Value cannot be determined due to lack of data. The latest price of Merrion Balanced is 1.3. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of Merrion Balanced from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.
Merrion Balanced Market Risk Analysis
Sharpe Ratio = -0.549
Merrion Balanced Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days Merrion Balanced has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||1.4782|
|Fifty Two Week High||1.5414|
|Annual Report Expense Ratio||2.21%|