First State (Ireland) Manager Performance Evaluation

IE00B29SXK94 -- Ireland Fund  

USD 12.63  0.17  1.36%

The organization shows Beta (market volatility) of -0.0398 which denotes to the fact that as returns on market increase, returns on owning First State are expected to decrease at a much smaller rate. During bear market, First State is likely to outperform the market.. 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 0.2222% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

First State Glbl Relative Risk vs. Return Landscape

If you would invest  1,233  in First State Glbl Listed Infra I Acc on June 19, 2018 and sell it today you would earn a total of  30.00  from holding First State Glbl Listed Infra I Acc or generate 2.43% return on investment over 30 days. First State Glbl Listed Infra I Acc is generating 0.2222% of daily returns and assumes 0.8643% volatility on return distribution over the 30 days horizon. Simply put, 7% of equities are less volatile than First State Glbl Listed Infra I Acc and 96% 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 1.47 times more return on investment than the market. However, the company is 1.47 times more volatile than its market benchmark. It trades about 0.26 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of risk.

First State Current Valuation

Not valued
July 19, 2018
12.63
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 $12.63. 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 = 0.2571
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First State Relative Performance Indicators

Estimated Market Risk
 0.86
  actual daily
 
 93 %
of total potential
  
Expected Return
 0.22
  actual daily
 
 4 %
of total potential
  
Risk-Adjusted Return
 0.26
  actual daily
 
 17 %
of total potential
  
Based on monthly moving average First State is performing at about 17% 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.

Performance Rating

First State Glbl Listed Infra I Acc Risk Adjusted Performance Analysis
17 

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 17 (%) 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.