Cheyne Convertibles (Ireland) Manager Performance Evaluation

IE00B66H1472 -- Ireland Fund  

USD 1,241  12.72  1.01%

The organization shows Beta (market volatility) of -0.0473 which signifies that as returns on market increase, returns on owning Cheyne Convertibles are expected to decrease at a much smaller rate. During bear market, Cheyne Convertibles is likely to outperform the market.. Although it is extremely important to respect Cheyne Convertibles historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing 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 analyzing Cheyne Convertibles technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Horizon     30 Days    Login   to change

Cheyne Convertibles Relative Risk vs. Return Landscape

If you would invest  124,098  in Cheyne Convertibles Absolute Ret D1 on October 19, 2018 and sell it today you would earn a total of  0.00  from holding Cheyne Convertibles Absolute Ret D1 or generate 0.0% return on investment over 30 days. Cheyne Convertibles Absolute Ret D1 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 Cheyne Convertibles Absolute Ret D1 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
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Cheyne Convertibles Current Valuation

Not valued
November 18, 2018
Market Value
Real Value
Target Odds
Cheyne Convertibles is Unknown risk asset. Cheyne Convertibles prevailing Real Value cannot be determined due to lack of data. The current price of Cheyne Convertibles is $1240.98. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Macroaxis normally approximates value of Cheyne Convertibles from analyzing the entity technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.

Cheyne Convertibles Market Risk Analysis

Sharpe Ratio = 0.0
Good Returns
Average Returns
Small Returns
Based on monthly moving average Cheyne Convertibles 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 Cheyne Convertibles by adding it to a well-diversified portfolio.

Cheyne Convertibles Performance Rating

Cheyne Convertibles Absolute Ret D1 Risk Adjusted Performance Analysis


Risk-Adjusted Fund Performance

Over the last 30 days Cheyne Convertibles Absolute Ret D1 has generated negative risk-adjusted returns adding no value to fund investors.

Cheyne Convertibles Alerts

Equity Alerts and Improvement Suggestions

Cheyne Convertibles is not yet fully synchronised with the market data

Cheyne Convertibles Performance Indicators

Cheyne Convertibles Basic Price Performance Measures

Fifty Two Week Low1,131.5900
Fifty Two Week High1,131.5900
Annual Report Expense Ratio0.00%
Please also check Risk vs Return Analysis. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.