Guinness Global (Ireland) Manager Performance Evaluation

IE00BQXX3F31 -- Ireland Fund  

USD 12.64  0.38  2.92%

The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Guinness Global are completely uncorrelated. Even though it is essential to pay attention to Guinness Global Inno current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining 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. Guinness Global Inno exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Guinness Global Inno Relative Risk vs. Return Landscape

If you would invest  1,295  in Guinness Global Innovators C USD ACC on September 18, 2018 and sell it today you would lose (31.00)  from holding Guinness Global Innovators C USD ACC or give up 2.39% of portfolio value over 30 days. Guinness Global Innovators C USD ACC is generating negative expected returns and assumes 1.2893% volatility on return distribution over the 30 days horizon. Simply put, 11% of equities are less volatile than Guinness Global Innovators C USD 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, Guinness Global Innovators C USD ACC is expected to under-perform the market. In addition to that, the company is 1.21 times more volatile than its market benchmark. It trades about -0.23 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of volatility.

Guinness Global Current Valuation

Not valued
October 18, 2018
Market Value
Real Value
Target Odds
Guinness Global is Unknown risk asset. Guinness Global Inno regular Real Value cannot be determined due to lack of data. The prevalent price of Guinness Global Inno is $12.64. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of Guinness Global Inno from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to acquire undervalued assets and to sell overvalued assets since at some point stocks prices and their ongoing real values will come together.

Guinness Global Market Risk Analysis

Sharpe Ratio = -0.2289
Good Returns
Average Returns
Small Returns
Negative ReturnsIE00BQXX3F31

Guinness Global Relative Performance Indicators

Estimated Market Risk
  actual daily
 89 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 1 %
of total potential
Based on monthly moving average Guinness Global 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 Guinness Global by adding it to a well-diversified portfolio.

Guinness Global Performance Rating

Guinness Global Innovators C USD ACC Risk Adjusted Performance Analysis


Risk-Adjusted Fund Performance

Over the last 30 days Guinness Global Innovators C USD ACC has generated negative risk-adjusted returns adding no value to fund investors.

Guinness Global Alerts

Equity Alerts and Improvement Suggestions

Guinness Global Inno is not yet fully synchronised with the market data
Guinness Global Inno generates negative expected return over the last 30 days
The fund retains 98.7% of its assets under management (AUM) in equities
Please also check Risk vs Return Analysis. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.