IE00B4NHK056 (Ireland) Manager Performance Evaluation

IE00B4NHK056 -- Ireland Fund  

EUR 854.94  3.75  0.44%

The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and IE00B4NHK056 are completely uncorrelated. Although it is extremely important to respect IE00B4NHK056 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 IE00B4NHK056 technical indicators you can at this moment evaluate if the expected return of 0.0445% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

IE00B4NHK056 Relative Risk vs. Return Landscape

If you would invest  85,119  in IE00B4NHK056 on June 22, 2018 and sell it today you would earn a total of  375.00  from holding IE00B4NHK056 or generate 0.44% return on investment over 30 days. IE00B4NHK056 is generating 0.0445% of daily returns and assumes 0.3244% volatility on return distribution over the 30 days horizon. Simply put, 2% of equities are less volatile than IE00B4NHK056 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, IE00B4NHK056 is expected to generate 1.58 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.79 times less risky than the market. It trades about 0.14 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 of returns per unit of risk over similar time horizon.

IE00B4NHK056 Current Valuation

Fairly Valued
July 22, 2018
854.94
Market Value
Downside
853.63
854.47
Real Value
Target Odds
  
855.31
Upside
IE00B4NHK056 is not too risky asset. IE00B4NHK056 owns latest Real Value of €854.47 per share. The recent price of the fund is €854.94. At this time the entity appears to be fairly valued. We determine the value of IE00B4NHK056 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.

IE00B4NHK056 Market Risk Analysis

Sharpe Ratio = 0.137
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IE00B4NHK056 Relative Performance Indicators

Estimated Market Risk
 0.32
  actual daily
 
 98 %
of total potential
  
Expected Return
 0.04
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 0.14
  actual daily
 
 9 %
of total potential
  
Based on monthly moving average IE00B4NHK056 is performing at about 9% 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 IE00B4NHK056 by adding it to a well-diversified portfolio.

Performance Rating

IE00B4NHK056 Risk Adjusted Performance Analysis
9 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in IE00B4NHK056 are ranked lower than 9 (%) of all funds and portfolios of funds over the last 30 days.

IE00B4NHK056 Alerts

Equity Alerts and Improvement Suggestions
The fund retains 97.83% of its assets under management (AUM) in equities
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