The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and BNY Mellon are completely uncorrelated. Although it is extremely important to respect BNY Mellon Euroland
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach towards foreseeing 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 BNY Mellon Euroland technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.
BNY Mellon Euroland Relative Risk vs. Return Landscape
If you would invest 0.00
in BNY Mellon Euroland Bond H USD Hdg Acc on August 25, 2018
and sell it today you would earn a total of 0.00
from holding BNY Mellon Euroland Bond H USD Hdg Acc or generate 0.0%
return on investment over 30
days. BNY Mellon Euroland Bond H USD Hdg Acc is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than BNY Mellon Euroland Bond H USD Hdg Acc and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
BNY Mellon Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average BNY Mellon 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 BNY Mellon
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days BNY Mellon Euroland Bond H USD Hdg Acc has generated negative risk-adjusted returns adding no value to fund investors.
|BNY Mellon Euroland has some characteristics of a very speculative penny stock|
|The fund has annual holdings turnover of about 367.95% suggesting active trading|
|BNY Mellon Euroland Bond H USD Hdg Acc retains roughly 5.38% of its assets under management (AUM) in cash|