Wellington Global (Ireland) Manager Performance Evaluation

IE00B6WXRZ21 -- Ireland Fund  

USD 11.56  0.05  0.43%

The entity maintains market beta of 0.0141 which attests that as returns on market increase, Wellington Global returns are expected to increase less than the market. However during bear market, the loss on holding Wellington Global will be expected to be smaller as well.. Although it is extremely important to respect Wellington Global Bond historical price patterns, it is better to be realistic regarding the information on equity current price history. The philosophy towards 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 examining Wellington Global Bond technical indicators you can presently evaluate if the expected return of 0.0142% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

Wellington Global Bond Relative Risk vs. Return Landscape

If you would invest  1,155  in Wellington Global Bond USD D Acc H on June 18, 2018 and sell it today you would earn a total of  1.45  from holding Wellington Global Bond USD D Acc H or generate 0.13% return on investment over 30 days. Wellington Global Bond USD D Acc H is generating 0.0142% of daily returns and assumes 0.2439% volatility on return distribution over the 30 days horizon. Simply put, 2% of equities are less volatile than Wellington Global Bond USD D Acc H 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, Wellington Global Bond USD D Acc H is expected to generate 2.18 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.59 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 of returns per unit of risk over similar time horizon.

Wellington Global Current Valuation

Not valued
July 18, 2018
11.56
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Wellington Global is Unknown risk asset. Wellington Global Bond prevalent Real Value cannot be determined due to lack of data. The last-minute price of Wellington Global Bond is $11.56. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Wellington Global Bond from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to purchase undervalued securities and to sell overvalued securities since at some point equities prices and their ongoing real values will grow together.

Wellington Global Market Risk Analysis

Sharpe Ratio = 0.0583
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Wellington Global Relative Performance Indicators

Estimated Market Risk
 0.24
  actual daily
 
 98 %
of total potential
  
Expected Return
 0.01
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 0.06
  actual daily
 
 3 %
of total potential
  
Based on monthly moving average Wellington 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 Wellington Global by adding it to a well-diversified portfolio.

Performance Rating

Wellington Global Bond USD D Acc H Risk Adjusted Performance Analysis
3 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Wellington Global Bond USD D Acc H are ranked lower than 3 (%) of all funds and portfolios of funds over the last 30 days.

Wellington Global Alerts

Equity Alerts and Improvement Suggestions
The fund retains about 27.6% of its assets under management (AUM) in cash
Please also check Risk vs Return Analysis. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.