IE00BTFRDZ46 IR (Ireland) Manager Performance Evaluation

IE00BTFRDZ46 -- Ireland Fund  

EUR 99.98  0.00  0.00%

The fund owns Beta (Systematic Risk) of 0.0168 which attests that as returns on market increase, IE00BTFRDZ46 IR returns are expected to increase less than the market. However during bear market, the loss on holding IE00BTFRDZ46 IR will be expected to be smaller as well.. Although it is extremely important to respect IE00BTFRDZ46 IR existing price patterns, it is better to be realistic regarding the information on equity price patterns. The way in which we are determining 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 IE00BTFRDZ46 IR technical indicators you can at this moment evaluate if the expected return of 0.02% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

IE00BTFRDZ46 IR Relative Risk vs. Return Landscape

If you would invest  9,992  in IE00BTFRDZ46 IR on July 22, 2018 and sell it today you would earn a total of  6.00  from holding IE00BTFRDZ46 IR or generate 0.06% return on investment over 30 days. IE00BTFRDZ46 IR is generating 0.02% of daily returns and assumes 0.0346% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than IE00BTFRDZ46 IR 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, IE00BTFRDZ46 IR is expected to generate 6.47 times less return on investment than the market. But when comparing it to its historical volatility, the company is 15.97 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 0.23 of returns per unit of risk over similar time horizon.

IE00BTFRDZ46 IR Current Valuation

Not valued
August 21, 2018
99.98
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
IE00BTFRDZ46 IR is Unknown risk asset. IE00BTFRDZ46 IR latest Real Value cannot be determined due to lack of data. The recent price of IE00BTFRDZ46 IR is €99.98. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of IE00BTFRDZ46 IR from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to invest in undervalued equities and to sell overvalued equities since sooner or later instruments prices and their ongoing real values will blend.

IE00BTFRDZ46 IR Market Risk Analysis

Sharpe Ratio = 0.5774
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
IE00BTFRDZ46
Based on monthly moving average IE00BTFRDZ46 IR 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 IE00BTFRDZ46 IR by adding it to a well-diversified portfolio.

Performance Rating

IE00BTFRDZ46 IR Risk Adjusted Performance Analysis
38 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in IE00BTFRDZ46 IR are ranked lower than 38 (%) of all funds and portfolios of funds over the last 30 days.

IE00BTFRDZ46 IR Alerts

Equity Alerts and Improvement Suggestions
The fund retains about 91.5% of its assets under management (AUM) in fixed income securities
Please also check Risk vs Return Analysis. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.