|IE00BZ07CD20 -- Ireland Fund|| |
USD 972.28 0.00 0.00%
The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and IE00BZ07CD20 are completely uncorrelated. Although it is extremely important to respect IE00BZ07CD20
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 IE00BZ07CD20 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
IE00BZ07CD20 Relative Risk vs. Return Landscape
If you would invest 97,228
in IE00BZ07CD20 on July 18, 2018
and sell it today you would earn a total of 0.00
from holding IE00BZ07CD20 or generate 0.0%
return on investment over 30
days. IE00BZ07CD20 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 IE00BZ07CD20 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IE00BZ07CD20 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average IE00BZ07CD20 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 IE00BZ07CD20
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days IE00BZ07CD20 has generated negative risk-adjusted returns adding no value to fund investors.