DNB Norge (Ireland) Manager Performance Evaluation
| 0P0001EFNG | 1,683 3.28 0.20% |
The fund owns a Beta (Systematic Risk) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and DNB Norge are completely uncorrelated.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in DNB Norge Selektiv are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of rather sound technical and fundamental indicators, DNB Norge is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders.
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DNB Norge Relative Risk vs. Return Landscape
If you would invest 166,070 in DNB Norge Selektiv on September 16, 2024 and sell it today you would earn a total of 2,182 from holding DNB Norge Selektiv or generate 1.31% return on investment over 90 days. DNB Norge Selektiv is generating 0.0225% of daily returns and assumes 0.647% volatility on return distribution over the 90 days horizon. Simply put, 5% of funds are less volatile than DNB, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
DNB Norge Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for DNB Norge's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as DNB Norge Selektiv, and traders can use it to determine the average amount a DNB Norge'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 = 0.0347
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| Negative Returns | 0P0001EFNG |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average DNB Norge is performing at about 2% 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 DNB Norge by adding it to a well-diversified portfolio.
Things to note about DNB Norge Selektiv performance evaluation
Checking the ongoing alerts about DNB Norge for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for DNB Norge Selektiv help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating DNB Norge's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate DNB Norge's fund performance include:- Analyzing DNB Norge'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 DNB Norge's stock is overvalued or undervalued compared to its peers.
- Examining DNB Norge'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 DNB Norge's management team can have a significant impact on its success or failure. Reviewing the track record and experience of DNB Norge's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of DNB Norge's fund. These opinions can provide insight into DNB Norge's potential for growth and whether the stock is currently undervalued or overvalued.
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