BNY Mellon (Ireland) Manager Performance Evaluation

IE00B8P0T473 -- Ireland Fund  

USD 1.40  0.0014  0.10%

The organization shows Beta (market volatility) of -0.1338 which signifies that as returns on market increase, returns on owning BNY Mellon are expected to decrease at a much smaller rate. During bear market, BNY Mellon is likely to outperform the market. Although it is extremely important to respect BNY Mellon Global historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach towards 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 BNY Mellon Global technical indicators you can now evaluate if the expected return of 0.1821% will be sustainable into the future.
14

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in BNY Mellon Global Emerg Mkts W USD Acc are ranked lower than 14 (%) of all funds and portfolios of funds over the last 30 days. Inspite very weak forward-looking indicators, BNY Mellon may actually be approaching a critical reversion point that can send shares even higher in May 2019.
Fifty Two Week Low1.1868
Fifty Two Week High1.3571
Annual Report Expense Ratio0.88%
Horizon     30 Days    Login   to change

BNY Mellon Global Relative Risk vs. Return Landscape

If you would invest  131.85  in BNY Mellon Global Emerg Mkts W USD Acc on March 23, 2019 and sell it today you would earn a total of  8.01  from holding BNY Mellon Global Emerg Mkts W USD Acc or generate 6.08% return on investment over 30 days. BNY Mellon Global Emerg Mkts W USD Acc is generating 0.1821% of daily returns and assumes 0.8196% volatility on return distribution over the 30 days horizon. Simply put, 7% of equities are less volatile than BNY Mellon and 97% 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, BNY Mellon is expected to generate 1.41 times more return on investment than the market. However, the company is 1.41 times more volatile than its market benchmark. It trades about 0.22 of its potential returns per unit of risk. The DOW is currently generating roughly 0.13 per unit of risk.

BNY Mellon Current Valuation

Not valued
April 22, 2019
1.40
Market Value
0.00
Real Value
0.00
Upside
BNY Mellon is Unknown risk asset. BNY Mellon Global prevailing Real Value cannot be determined due to lack of data. The current price of BNY Mellon Global is $1.4. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of BNY Mellon Global 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 future time assets prices and their ongoing real values will blend.

BNY Mellon Market Risk Analysis

Sharpe Ratio = 0.2222
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small ReturnsIE00B8P0T473
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns

BNY Mellon Relative Performance Indicators

Estimated Market Risk
 0.82
  actual daily
 
 7 %
of total potential
 
7
Expected Return
 0.18
  actual daily
 
 3 %
of total potential
 
3
Risk-Adjusted Return
 0.22
  actual daily
 
 14 %
of total potential
 
14
Based on monthly moving average BNY Mellon is performing at about 14% 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 BNY Mellon by adding it to a well-diversified portfolio.

BNY Mellon Alerts

Equity Alerts and Improvement Suggestions

BNY Mellon Global is not yet fully synchronised with the market data
BNY Mellon Global may become a speculative penny stock
The fund retains all of its assets under management (AUM) in equities
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.
Search macroaxis.com