MGI Global (Ireland) Manager Performance Evaluation

IE00B61G8K48 -- Ireland Fund  

GBp 20,732  103.00  0.50%

The fund secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and MGI Global are completely uncorrelated. Although it is extremely important to respect MGI Global Equity price patterns, it is better to be realistic regarding the information on equity historical price patterns. The way of estimating 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 evaluating MGI Global Equity technical indicators you can today evaluate if the expected return of 0.0313% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

MGI Global Equity Relative Risk vs. Return Landscape

If you would invest  2,059,200  in MGI Global Equity M 2 Hdg on July 23, 2018 and sell it today you would earn a total of  3,700  from holding MGI Global Equity M 2 Hdg or generate 0.18% return on investment over 30 days. MGI Global Equity M 2 Hdg is generating 0.0313% of daily returns and assumes 0.5727% volatility on return distribution over the 30 days horizon. Simply put, 5% of equities are less volatile than MGI Global Equity M 2 Hdg 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, MGI Global Equity M 2 Hdg is expected to generate 4.5 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.04 times less risky than the market. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly 0.24 of returns per unit of risk over similar time horizon.

MGI Global Current Valuation

Not valued
August 22, 2018
20,732
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
MGI Global is Unknown risk asset. MGI Global Equity last-minute Real Value cannot be determined due to lack of data. The latest price of MGI Global Equity is p;20732.0. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of MGI Global Equity from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since in the future entities prices and their ongoing real values will merge together.

MGI Global Market Risk Analysis

Sharpe Ratio = 0.0547
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MGI Global Relative Performance Indicators

Estimated Market Risk
 0.57
  actual daily
 
 95 %
of total potential
  
Expected Return
 0.03
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 0.05
  actual daily
 
 3 %
of total potential
  
Based on monthly moving average MGI Global is performing at about 3% 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 MGI Global by adding it to a well-diversified portfolio.

Performance Rating

MGI Global Equity M 2 Hdg Risk Adjusted Performance Analysis
3 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in MGI Global Equity M 2 Hdg are ranked lower than 3 (%) of all funds and portfolios of funds over the last 30 days.

MGI Global Alerts

Equity Alerts and Improvement Suggestions
The fund retains about 12.24% of its assets under management (AUM) in cash
Please also check Risk vs Return Analysis. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.