BlackRock Euro (Ireland) Manager Performance Evaluation

IE00B8138T89 -- Ireland Fund  

EUR 10.63  0.00  0.00%

The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and BlackRock Euro are completely uncorrelated. Although it is extremely important to respect BlackRock Euro Credit 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 BlackRock Euro Credit technical indicators you can presently evaluate if the expected return of 0.0136% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

BlackRock Euro Credit Relative Risk vs. Return Landscape

If you would invest  1,062  in BlackRock Euro Credit Enh Idx on July 20, 2018 and sell it today you would earn a total of  1.00  from holding BlackRock Euro Credit Enh Idx or generate 0.09% return on investment over 30 days. BlackRock Euro Credit Enh Idx is generating 0.0136% of daily returns and assumes 0.192% volatility on return distribution over the 30 days horizon. Simply put, 1% of equities are less volatile than BlackRock Euro Credit Enh Idx 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, BlackRock Euro Credit Enh Idx is expected to generate 8.16 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.87 times less risky than the market. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.2 of returns per unit of risk over similar time horizon.

BlackRock Euro Current Valuation

Not valued
August 19, 2018
10.63
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
BlackRock Euro is Unknown risk asset. BlackRock Euro Credit prevailing Real Value cannot be determined due to lack of data. The current price of BlackRock Euro Credit is €10.63. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of BlackRock Euro Credit from analyzing fund fundamentals and technical indicators as well as its 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.

BlackRock Euro Market Risk Analysis

Sharpe Ratio = 0.0708
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BlackRock Euro Relative Performance Indicators

Estimated Market Risk
 0.19
  actual daily
 
 99 %
of total potential
  
Expected Return
 0.01
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 0.07
  actual daily
 
 4 %
of total potential
  
Based on monthly moving average BlackRock Euro is performing at about 4% 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 BlackRock Euro by adding it to a well-diversified portfolio.

Performance Rating

BlackRock Euro Credit Enh Idx Risk Adjusted Performance Analysis
4 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in BlackRock Euro Credit Enh Idx are ranked lower than 4 (%) of all funds and portfolios of funds over the last 30 days.

BlackRock Euro Alerts

Equity Alerts and Improvement Suggestions
The fund retains about 92.61% of its assets under management (AUM) in fixed income securities
Please also check Risk vs Return Analysis. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.