|IE00B3ZLRT64 -- Ireland Fund|| |
USD 1.00 0.00 0.00%
The organization shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and Fidelity ILF are completely uncorrelated. Although it is extremely important to respect Fidelity ILF USD
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 Fidelity ILF USD technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days Fidelity ILF USD F Flex Dist Ser 1 has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly strong basic indicators, Fidelity ILF is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||1.0000|
|Fifty Two Week High||1.0000|
Fidelity ILF USD Relative Risk vs. Return Landscape
If you would invest 100.00
in Fidelity ILF USD F Flex Dist Ser 1 on May 25, 2019
and sell it today you would earn a total of 0.00
from holding Fidelity ILF USD F Flex Dist Ser 1 or generate 0.0%
return on investment over 30
days. Fidelity ILF USD F Flex Dist Ser 1 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 Fidelity ILF and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Fidelity ILF Current Valuation
June 24, 2019
Fidelity ILF Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Fidelity ILF 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 Fidelity ILF
by adding it to a well-diversified