The fund owns Beta (Systematic Risk) of -0.3104 which attests that as returns on market increase, returns on owning IE00B1KQWK86 are expected to decrease at a much smaller rate. During bear market, IE00B1KQWK86 is likely to outperform the market. Although it is extremely important to respect IE00B1KQWK86 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 IE00B1KQWK86 technical indicators you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Risk-Adjusted Fund PerformanceOver the last 30 days IE00B1KQWK86 has generated negative risk-adjusted returns adding no value to fund investors. Regardless of fairly consistent technical and fundamental indicators, IE00B1KQWK86 is not utilizing all of its potentials. The current stock price confusion, may contribute to short-lasting losses for the traders.
|Horizon||30 Days Login to change|
IE00B1KQWK86 Relative Risk vs. Return LandscapeIf you would invest 919,400 in IE00B1KQWK86 on March 27, 2019 and sell it today you would earn a total of 0.00 from holding IE00B1KQWK86 or generate 0.0% return on investment over 30 days. IE00B1KQWK86 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 IE00B1KQWK86 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IE00B1KQWK86 Current Valuation
April 26, 2019
IE00B1KQWK86 is Unknown risk asset. IE00B1KQWK86 latest Real Value cannot be determined due to lack of data. The recent price of IE00B1KQWK86 is p;9194.0. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of IE00B1KQWK86 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.
IE00B1KQWK86 Market Risk Analysis
Sharpe Ratio = 0.0
Equity Alerts and Improvement Suggestions