The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and IE00B5VFLK51 are completely uncorrelated. Although it is extremely important to respect IE00B5VFLK51
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 IE00B5VFLK51 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
IE00B5VFLK51 Relative Risk vs. Return Landscape
If you would invest 0.00
in IE00B5VFLK51 on November 13, 2018
and sell it today you would earn a total of 0.00
from holding IE00B5VFLK51 or generate 0.0%
return on investment over 30
days. IE00B5VFLK51 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 IE00B5VFLK51 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IE00B5VFLK51 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average IE00B5VFLK51 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 IE00B5VFLK51
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days IE00B5VFLK51 has generated negative risk-adjusted returns adding no value to fund investors.
|IE00B5VFLK51 is not yet fully synchronised with the market data|
|IE00B5VFLK51 has some characteristics of a very speculative penny stock|
|The fund retains about 10.93% of its assets under management (AUM) in cash|