Time Window Analysis [143 months]
Similarly to mutual funds, hedge funds should be evaluated for both absolute an relative returns. An experienced investor usually has an intimate knowledge of stock markets. Therefore, the comparison of Iris performance with a market as a whole might give a valuable information to an investor how to compose his investment portfolio and when to invest or disinvest from Iris. To this aim, we propose to look at alpha/beta annual histograms.
The table below shows an evolution of Sharp's ratio, alpha, and beta of Iris Investments returns over the last 12, 36, and 60 months periods. The net results, that is after the costs, can be found in NI.
last 12 months | last 36 months | last 60 months | |
alpha | 3.93 | -70.79 | -70.04 |
beta | 0.20 | 1.38 | 1.26 |
gain | 2.58% | -19.32% | 7.42% |
Sharp ratio | 0.15 | -0.12 | 0.55 |