Wellington Global (Ireland) Manager Performance Evaluation

IE00B6WXRZ21 -- Ireland Fund  

USD 11.64  0.09  0.78%

The entity maintains market beta of 0.0 which attests that the returns on MARKET and Wellington Global are completely uncorrelated. Even though it is essential to pay attention to Wellington Global Bond historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Wellington Global Bond exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Wellington Global Bond Relative Risk vs. Return Landscape

If you would invest  1,164  in Wellington Global Bond USD D Acc H on August 25, 2018 and sell it today you would lose (9.00)  from holding Wellington Global Bond USD D Acc H or give up 0.77% of portfolio value over 30 days. Wellington Global Bond USD D Acc H is generating negative expected returns and assumes 0.3458% volatility on return distribution over the 30 days horizon. Simply put, 3% 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 under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.21 times less risky than the market. the firm trades about -0.45 of its potential returns per unit of risk. The DOW is currently generating roughly 0.32 of returns per unit of risk over similar time horizon.

Wellington Global Current Valuation

Not valued
September 24, 2018
11.64
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 $11.64. 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 = -0.4472
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Wellington Global Relative Performance Indicators

Estimated Market Risk
 0.35
  actual daily
 
 97 %
of total potential
  
Expected Return
 -0.15
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.45
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Wellington Global 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 Wellington Global by adding it to a well-diversified portfolio.

Wellington Global Performance Rating

Wellington Global Bond USD D Acc H Risk Adjusted Performance Analysis

0 

Risk-Adjusted Fund Performance

Over the last 30 days Wellington Global Bond USD D Acc H has generated negative risk-adjusted returns adding no value to fund investors.

Wellington Global Alerts

Equity Alerts and Improvement Suggestions

Wellington Global generates negative expected return over the last 30 days
The fund retains about 27.6% of its assets under management (AUM) in cash
Please also check Risk vs Return Analysis. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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