Majedie Asset (Ireland) Manager Performance Evaluation

IE00BNGWY083 -- Ireland Fund  

GBp 195.00  2.00  1.04%

The fund secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Majedie Asset are completely uncorrelated. Although it is vital to follow to Majedie Asset Mgmt 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 Majedie Asset Mgmt technical indicators you can presently evaluate if the expected return of 0.4211% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

Majedie Asset Mgmt Relative Risk vs. Return Landscape

If you would invest  19,100  in Majedie Asset Mgmt US Equity Z GBP Acc on July 21, 2018 and sell it today you would earn a total of  400.00  from holding Majedie Asset Mgmt US Equity Z GBP Acc or generate 2.09% return on investment over 30 days. Majedie Asset Mgmt US Equity Z GBP Acc is generating 0.4211% of daily returns and assumes 1.2003% volatility on return distribution over the 30 days horizon. Simply put, 10% of equities are less volatile than Majedie Asset Mgmt US Equity Z GBP Acc and 93% 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 generate 2.13 times more return on investment than the market. However, the company is 2.13 times more volatile than its market benchmark. It trades about 0.35 of its potential returns per unit of risk. The DOW is currently generating roughly 0.21 per unit of risk.

Majedie Asset Current Valuation

Not valued
August 20, 2018
195.00
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;195.0. 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 = 0.3508
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Majedie Asset Relative Performance Indicators

Estimated Market Risk
 1.2
  actual daily
 
 90 %
of total potential
  
Expected Return
 0.42
  actual daily
 
 7 %
of total potential
  
Risk-Adjusted Return
 0.35
  actual daily
 
 23 %
of total potential
  
Based on monthly moving average Majedie Asset is performing at about 23% 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.

Performance Rating

Majedie Asset Mgmt US Equity Z GBP Acc Risk Adjusted Performance Analysis
23 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Majedie Asset Mgmt US Equity Z GBP Acc are ranked lower than 23 (%) of all funds and portfolios of funds over the last 30 days.

Majedie Asset Alerts

Equity Alerts and Improvement Suggestions
The fund retains 97.38% of its assets under management (AUM) in equities
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