IRIDIUM FUNDO (Brazil) Manager Performance Evaluation
| IRIM11 Fund | 64.10 1.88 2.85% |
The fund retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IRIDIUM FUNDO's returns are expected to increase less than the market. However, during the bear market, the loss of holding IRIDIUM FUNDO is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days IRIDIUM FUNDO DE has generated negative risk-adjusted returns adding no value to fund investors. Despite weak performance in the last few months, the Fund's forward indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the fund investors.
...moreIRIDIUM |
IRIDIUM FUNDO Relative Risk vs. Return Landscape
If you would invest 7,373 in IRIDIUM FUNDO DE on September 7, 2024 and sell it today you would lose (963.00) from holding IRIDIUM FUNDO DE or give up 13.06% of portfolio value over 90 days. IRIDIUM FUNDO DE is generating negative expected returns and assumes 1.1843% volatility on return distribution over the 90 days horizon. Simply put, 10% of funds are less volatile than IRIDIUM, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IRIDIUM FUNDO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IRIDIUM FUNDO's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as IRIDIUM FUNDO DE, and traders can use it to determine the average amount a IRIDIUM FUNDO's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1846
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IRIM11 |
Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IRIDIUM FUNDO is not performing at its full potential. However, 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 IRIDIUM FUNDO by adding IRIDIUM FUNDO to a well-diversified portfolio.
Things to note about IRIDIUM FUNDO DE performance evaluation
Checking the ongoing alerts about IRIDIUM FUNDO for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for IRIDIUM FUNDO DE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| IRIDIUM FUNDO DE generated a negative expected return over the last 90 days |
- Analyzing IRIDIUM FUNDO's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether IRIDIUM FUNDO's stock is overvalued or undervalued compared to its peers.
- Examining IRIDIUM FUNDO's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating IRIDIUM FUNDO's management team can have a significant impact on its success or failure. Reviewing the track record and experience of IRIDIUM FUNDO's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of IRIDIUM FUNDO's fund. These opinions can provide insight into IRIDIUM FUNDO's potential for growth and whether the stock is currently undervalued or overvalued.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |