IE00BTFRDZ46 (Ireland) Manager Performance Evaluation

IE00BTFRDZ46 -- Ireland Fund  

EUR 96.54  0.21  0.22%

The fund owns Beta (Systematic Risk) of 0.0133 which attests that as returns on market increase, IE00BTFRDZ46 returns are expected to increase less than the market. However during bear market, the loss on holding IE00BTFRDZ46 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 0.0623% will be sustainable into the future.
Horizon     30 Days    Login   to change

IE00BTFRDZ46 IR Relative Risk vs. Return Landscape

If you would invest  9,630  in IE00BTFRDZ46 IR on December 16, 2018 and sell it today you would earn a total of  24.00  from holding IE00BTFRDZ46 IR or generate 0.25% return on investment over 30 days. IE00BTFRDZ46 IR is generating 0.0623% of daily returns and assumes 0.1048% 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 0.05 times more return on investment than the market. However, the company is 19.33 times less risky than the market. It trades about 0.59 of its potential returns per unit of risk. The DOW is currently generating roughly -0.06 per unit of risk.

IE00BTFRDZ46 Current Valuation

Not valued
January 15, 2019
96.54
Market Value
0.00
Real Value
Target Odds
Odds Odds
0.00
Upside
IE00BTFRDZ46 is Unknown risk asset. IE00BTFRDZ46 IR latest Real Value cannot be determined due to lack of data. The recent price of IE00BTFRDZ46 IR is €96.54. 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 Market Risk Analysis

Sharpe Ratio = 0.5943
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IE00BTFRDZ46 Relative Performance Indicators

Estimated Market Risk
 0.1
  actual daily
 
 0 %
of total potential
 
0
Expected Return
 0.06
  actual daily
 
 1 %
of total potential
 
1
Risk-Adjusted Return
 0.59
  actual daily
 
 39 %
of total potential
 
39
Based on monthly moving average IE00BTFRDZ46 is performing at about 39% 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 by adding it to a well-diversified portfolio.

IE00BTFRDZ46 Performance Rating

IE00BTFRDZ46 IR Risk Adjusted Performance Analysis

39

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in IE00BTFRDZ46 IR are ranked lower than 39 (%) of all funds and portfolios of funds over the last 30 days.

IE00BTFRDZ46 Alerts

Equity Alerts and Improvement Suggestions

IE00BTFRDZ46 IR is not yet fully synchronised with the market data
The fund retains about 91.5% of its assets under management (AUM) in fixed income securities

IE00BTFRDZ46 Performance Indicators

IE00BTFRDZ46 IR Basic Price Performance Measures

Fifty Two Week Low97.7700
Fifty Two Week High97.7700
Please also check Risk vs Return Analysis. Please also try CEO Directory module to screen ceos from public companies around the world.
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