|IE00BZ77F705 -- Ireland Fund|| |
10,821 72.00 0.66%
The fund secures Beta (Market Risk) of -19.3329 which conveys that as returns on market increase, returns on owning Next Generation are expected to decrease by larger amounts. On the other hand, during market turmoil, Next Generation is expected to significantly outperform it.. Although it is extremely important to respect Next Generation MS price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The philosophy towards estimating 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 Next Generation MS technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Next Generation MS Relative Risk vs. Return Landscape
If you would invest 1,082,100
in Next Generation MS Glb Defensv A GBP on November 12, 2018
and sell it today you would earn a total of 0.00
from holding Next Generation MS Glb Defensv A GBP or generate 0.0%
return on investment over 30
days. Next Generation MS Glb Defensv A GBP 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 Next Generation MS Glb Defensv A GBP and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Next Generation Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Next Generation 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 Next Generation
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days Next Generation MS Glb Defensv A GBP has generated negative risk-adjusted returns adding no value to fund investors.
|Next Generation MS is not yet fully synchronised with the market data|
Please also check Risk vs Return Analysis
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module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.