Renaissance Europe (Germany) Manager Performance Evaluation
| 0P0001C9BZ | 267.89 2.56 0.95% |
The fund holds a Beta of -0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Renaissance Europe are expected to decrease at a much lower rate. During the bear market, Renaissance Europe is likely to outperform the market.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Renaissance Europe Z has generated negative risk-adjusted returns adding no value to fund investors. In spite of rather sound basic indicators, Renaissance Europe is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders.
...moreRenaissance |
Renaissance Europe Relative Risk vs. Return Landscape
If you would invest 28,440 in Renaissance Europe Z on October 6, 2024 and sell it today you would lose (1,651) from holding Renaissance Europe Z or give up 5.81% of portfolio value over 90 days. Renaissance Europe Z is generating negative expected returns and assumes 0.8484% volatility on return distribution over the 90 days horizon. Simply put, 7% of funds are less volatile than Renaissance, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Renaissance Europe Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Renaissance Europe's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Renaissance Europe Z, and traders can use it to determine the average amount a Renaissance Europe'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 = -0.1132
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 0P0001C9BZ |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Renaissance Europe 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 Renaissance Europe by adding Renaissance Europe to a well-diversified portfolio.
Things to note about Renaissance Europe performance evaluation
Checking the ongoing alerts about Renaissance Europe for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Renaissance Europe help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Renaissance Europe generated a negative expected return over the last 90 days |
- Analyzing Renaissance Europe'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 Renaissance Europe's stock is overvalued or undervalued compared to its peers.
- Examining Renaissance Europe'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 Renaissance Europe's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Renaissance Europe's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Renaissance Europe's fund. These opinions can provide insight into Renaissance Europe's potential for growth and whether the stock is currently undervalued or overvalued.
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