New Capital (Ireland) Manager Performance Evaluation

IE00BG6MV538 -- Ireland Fund  

USD 159.15  1.70  1.08%

The fund secures Beta (Market Risk) of -0.0749 which conveys that as returns on market increase, returns on owning New Capital are expected to decrease at a much smaller rate. During bear market, New Capital is likely to outperform the market.. Although it is vital to follow to New Capital Dynamic price patterns, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns. The philosophy towards estimating 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 New Capital Dynamic technical indicators you can presently evaluate if the expected return of 0.3599% will be sustainable into the future.
Horizon     30 Days    Login   to change

New Capital Dynamic Relative Risk vs. Return Landscape

If you would invest  15,745  in New Capital Dynamic European Eq USD Ord on August 24, 2018 and sell it today you would earn a total of  170.00  from holding New Capital Dynamic European Eq USD Ord or generate 1.08% return on investment over 30 days. New Capital Dynamic European Eq USD Ord is generating 0.3599% of daily returns and assumes 0.6234% volatility on return distribution over the 30 days horizon. Simply put, 5% of equities are less volatile than New Capital Dynamic European Eq USD Ord and 94% 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, New Capital Dynamic European Eq USD Ord is expected to generate 1.39 times more return on investment than the market. However, the company is 1.39 times more volatile than its market benchmark. It trades about 0.58 of its potential returns per unit of risk. The DOW is currently generating roughly 0.39 per unit of risk.

New Capital Current Valuation

Not valued
September 23, 2018
159.15
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
New Capital is Unknown risk asset. New Capital Dynamic last-minute Real Value cannot be determined due to lack of data. The latest price of New Capital Dynamic is $159.15. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of New Capital Dynamic from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.

New Capital Market Risk Analysis

Sharpe Ratio = 0.5774
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New Capital Relative Performance Indicators

Estimated Market Risk
 0.62
  actual daily
 
 95 %
of total potential
  
Expected Return
 0.36
  actual daily
 
 6 %
of total potential
  
Risk-Adjusted Return
 0.58
  actual daily
 
 38 %
of total potential
  
Based on monthly moving average New Capital is performing at about 38% 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 New Capital by adding it to a well-diversified portfolio.

New Capital Performance Rating

New Capital Dynamic European Eq USD Ord Risk Adjusted Performance Analysis

38 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in New Capital Dynamic European Eq USD Ord are ranked lower than 38 (%) of all funds and portfolios of funds over the last 30 days.

New Capital Alerts

Equity Alerts and Improvement Suggestions

The fund retains 97.54% of its assets under management (AUM) in equities
Please also check Risk vs Return Analysis. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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