Next Generation (Ireland) Manager Performance Evaluation

IE00BZ77F705 -- Ireland Fund  

 10,821  72.00  0.66%

The fund secures Beta (Market Risk) of 36.5645 which conveys that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Next Generation will likely underperform.. Even though it is essential to pay attention to Next Generation MS price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Next Generation exposes twenty different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Next Generation MS Relative Risk vs. Return Landscape

If you would invest  1,087,500  in Next Generation MS Glb Defensv A GBP on September 18, 2018 and sell it today you would lose (5,400)  from holding Next Generation MS Glb Defensv A GBP or give up 0.5% of portfolio value over 30 days. Next Generation MS Glb Defensv A GBP is generating negative expected returns and assumes 0.5216% volatility on return distribution over the 30 days horizon. Simply put, 4% 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 (%) 
      Risk (%) 
Assuming 30 trading days horizon, Next Generation MS Glb Defensv A GBP is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 2.05 times less risky than the market. the firm trades about -0.24 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 of returns per unit of risk over similar time horizon.

Next Generation Market Risk Analysis

Sharpe Ratio = -0.2365
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Next Generation Relative Performance Indicators

Estimated Market Risk
 0.52
  actual daily
 
 96 %
of total potential
  
Expected Return
 -0.12
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.24
  actual daily
 
 1 %
of total potential
  
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 portfolio.

Next Generation Performance Rating

Next Generation MS Glb Defensv A GBP Risk Adjusted Performance Analysis

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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 Alerts

Equity Alerts and Improvement Suggestions

Next Generation MS is not yet fully synchronised with the market data
Next Generation MS generates negative expected return over the last 30 days
Please also check Risk vs Return Analysis. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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