TwentyFour Corporate (Ireland) Manager Performance Evaluation

IE00BSMTGG87 -- Ireland Fund  

GBp 11,423  11.00  0.1%

The entity has beta of 0.0229 which indicates as returns on market increase, TwentyFour Corporate returns are expected to increase less than the market. However during bear market, the loss on holding TwentyFour Corporate will be expected to be smaller as well.. Although it is extremely important to respect TwentyFour Corporate current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring 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 inspecting TwentyFour Corporate technical indicators you can presently evaluate if the expected return of 0.1524% will be sustainable into the future.
Horizon     30 Days    Login   to change

TwentyFour Corporate Relative Risk vs. Return Landscape

If you would invest  1,137,100  in TwentyFour Corporate Bond I Acc hdg on November 18, 2018 and sell it today you would earn a total of  5,200  from holding TwentyFour Corporate Bond I Acc hdg or generate 0.46% return on investment over 30 days. TwentyFour Corporate Bond I Acc hdg is generating 0.1524% of daily returns and assumes 0.264% volatility on return distribution over the 30 days horizon. Simply put, 2% of equities are less volatile than TwentyFour Corporate Bond I Acc hdg and 98% 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, TwentyFour Corporate Bond I Acc hdg is expected to generate 0.2 times more return on investment than the market. However, the company is 5.1 times less risky than the market. It trades about 0.58 of its potential returns per unit of risk. The DOW is currently generating roughly -0.13 per unit of risk.

TwentyFour Corporate Current Valuation

Not valued
December 18, 2018
11,423
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
TwentyFour Corporate is Unknown risk asset. TwentyFour Corporate current Real Value cannot be determined due to lack of data. The regular price of TwentyFour Corporate is p;11423.0. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of TwentyFour Corporate from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.

TwentyFour Corporate Market Risk Analysis

Sharpe Ratio = 0.5774
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TwentyFour Corporate Relative Performance Indicators

Estimated Market Risk
 0.26
  actual daily
 
 2 %
of total potential
 
2
Expected Return
 0.15
  actual daily
 
 2 %
of total potential
 
2
Risk-Adjusted Return
 0.58
  actual daily
 
 38 %
of total potential
 
38
Based on monthly moving average TwentyFour Corporate 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 TwentyFour Corporate by adding it to a well-diversified portfolio.

TwentyFour Corporate Performance Rating

TwentyFour Corporate Bond I Acc hdg Risk Adjusted Performance Analysis

38

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in TwentyFour Corporate Bond I Acc hdg are ranked lower than 38 (%) of all funds and portfolios of funds over the last 30 days.

TwentyFour Corporate Alerts

Equity Alerts and Improvement Suggestions

TwentyFour Corporate is not yet fully synchronised with the market data
The fund retains about 92.06% of its assets under management (AUM) in fixed income securities
Please also check Risk vs Return Analysis. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.
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