|IE00B2R8GP70 -- Ireland Fund|| |
USD 8.80 0.00 0.00%
The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and IE00B2R8GP70 are completely uncorrelated. Although it is extremely important to respect IE00B2R8GP70
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 IE00B2R8GP70 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
IE00B2R8GP70 Relative Risk vs. Return Landscape
If you would invest 880.00
in IE00B2R8GP70 on November 12, 2018
and sell it today you would earn a total of 0.00
from holding IE00B2R8GP70 or generate 0.0%
return on investment over 30
days. IE00B2R8GP70 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 IE00B2R8GP70 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IE00B2R8GP70 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average IE00B2R8GP70 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 IE00B2R8GP70
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days IE00B2R8GP70 has generated negative risk-adjusted returns adding no value to fund investors.