Majedie Asset (Ireland) Manager Performance Evaluation

IE00BNGWY083 -- Ireland Fund  

GBp 174.00  8.00  4.40%

The fund secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Majedie Asset are completely uncorrelated. Even though it is essential to pay attention to Majedie Asset Mgmt price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating 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. Majedie Asset exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Majedie Asset Mgmt Relative Risk vs. Return Landscape

If you would invest  18,800  in Majedie Asset Mgmt US Equity Z GBP Acc on September 22, 2018 and sell it today you would lose (1,400)  from holding Majedie Asset Mgmt US Equity Z GBP Acc or give up 7.45% of portfolio value over 30 days. Majedie Asset Mgmt US Equity Z GBP Acc is generating negative expected returns and assumes 3.678% volatility on return distribution over the 30 days horizon. Simply put, 33% of equities are less volatile than Majedie Asset Mgmt US Equity Z GBP Acc 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, Majedie Asset Mgmt US Equity Z GBP Acc is expected to under-perform the market. In addition to that, the company is 3.47 times more volatile than its market benchmark. It trades about -0.4 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.19 per unit of volatility.

Majedie Asset Current Valuation

Not valued
October 22, 2018
174.00
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Majedie Asset is Unknown risk asset. Majedie Asset Mgmt last-minute Real Value cannot be determined due to lack of data. The latest price of Majedie Asset Mgmt is p;174.0. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of Majedie Asset Mgmt 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.

Majedie Asset Market Risk Analysis

Sharpe Ratio = -0.4024
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Majedie Asset Relative Performance Indicators

Estimated Market Risk
 3.68
  actual daily
 
 67 %
of total potential
  
Expected Return
 -1.48
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.4
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Majedie Asset 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 Majedie Asset by adding it to a well-diversified portfolio.

Majedie Asset Performance Rating

Majedie Asset Mgmt US Equity Z GBP Acc Risk Adjusted Performance Analysis

0 

Risk-Adjusted Fund Performance

Over the last 30 days Majedie Asset Mgmt US Equity Z GBP Acc has generated negative risk-adjusted returns adding no value to fund investors.

Majedie Asset Alerts

Equity Alerts and Improvement Suggestions

Majedie Asset Mgmt is not yet fully synchronised with the market data
Majedie Asset Mgmt generates negative expected return over the last 30 days
Majedie Asset Mgmt has high historical volatility and very poor performance
The fund retains 97.38% of its assets under management (AUM) in equities
Please also check Risk vs Return Analysis. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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