First State (Ireland) Manager Performance Evaluation

IE00B29SXK94 -- Ireland Fund  

USD 12.54  0.13  1.05%

The organization shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and First State are completely uncorrelated. Although it is extremely important to respect First State Glbl historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting 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 reviewing First State Glbl technical indicators you can presently evaluate if the expected return of 0.0801% will be sustainable into the future.
Horizon     30 Days    Login   to change

First State Glbl Relative Risk vs. Return Landscape

If you would invest  1,248  in First State Glbl Listed Infra I Acc on August 23, 2018 and sell it today you would earn a total of  6.00  from holding First State Glbl Listed Infra I Acc or generate 0.48% return on investment over 30 days. First State Glbl Listed Infra I Acc is generating 0.0801% of daily returns and assumes 0.1963% volatility on return distribution over the 30 days horizon. Simply put, 1% of equities are less volatile than First State Glbl Listed Infra I Acc and 99% 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, First State Glbl Listed Infra I Acc is expected to generate 2.48 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.31 times less risky than the market. It trades about 0.41 of its potential returns per unit of risk. The DOW is currently generating roughly 0.44 of returns per unit of risk over similar time horizon.

First State Current Valuation

Not valued
September 22, 2018
12.54
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
First State is Unknown risk asset. First State Glbl prevailing Real Value cannot be determined due to lack of data. The current price of First State Glbl is $12.54. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of First State Glbl from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise to go long with undervalued instruments and to sell out overvalued instruments since at some point assets prices and their ongoing real values will submerge.

First State Market Risk Analysis

Sharpe Ratio = 0.4082
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First State Relative Performance Indicators

Estimated Market Risk
 0.2
  actual daily
 
 99 %
of total potential
  
Expected Return
 0.08
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 0.41
  actual daily
 
 27 %
of total potential
  
Based on monthly moving average First State is performing at about 27% 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 First State by adding it to a well-diversified portfolio.

First State Performance Rating

First State Glbl Listed Infra I Acc Risk Adjusted Performance Analysis

27 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in First State Glbl Listed Infra I Acc are ranked lower than 27 (%) of all funds and portfolios of funds over the last 30 days.

First State Alerts

Equity Alerts and Improvement Suggestions

The fund retains 98.06% of its assets under management (AUM) in equities
Please also check Risk vs Return Analysis. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.
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