Collecting data for 002095
Zhejiang holds performance score of 18 on a scale of zero to a hundred. The company maintains market beta of 0.87 which attests that Zhejiang returns are very sensitive to returns on the market. as market goes up or down, Zhejiang is expected to follow. Although it is essential to pay attention to Zhejiang Netsun Co
historical price patterns
, it is also good to be reasonable about what you can actually do with equity current price history. Macroaxis philosophy towards determining future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators
. To evaluate if Zhejiang Netsun Co expected return of 1.65 will be sustainable into the future, we have found twenty-seven different technical indicators
which can help you to check if the expected returns are sustainable. Use Zhejiang Netsun Co Ltd Mean Deviation
, Downside Deviation
, Information Ratio
, as well as the relationship
and Coefficient Of Variation
to analyze future returns on Zhejiang Netsun Co Ltd.
Relative Risk vs. Return Landscape
If you would invest 1,976
in Zhejiang Netsun Co Ltd on May 19, 2013
and sell it today you would earn a total of 499.00
from holding Zhejiang Netsun Co Ltd or generate 25.25%
return on investment over 30
days. Zhejiang Netsun Co Ltd is generating 1.65% of daily returns and assumes 4.85% volatility on return distribution over the 30 days horizon. Simply put, 60% of equities are less volatile than Zhejiang Netsun Co Ltd and 30% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Zhejiang Netsun Co Ltd is expected to generate 5.77 times more return on investment than the market. However, the company is 5.77 times more volatile than its market benchmark. It trades about 0.34 of its potential returns per unit of risk. The S&P 500 is currently generating roughly -0.1 per unit of risk.
82% of all equities and portfolios perform better than Zhejiang Netsun Co Ltd. Compared with the overall equity markets, risk-adjusted returns on investments in Zhejiang Netsun Co Ltd are ranked lower than 18 (%) of all global equities and portfolios over the last 30 days.
1 Month Efficiency (a.k Sharpe Ratio) ...
Estimated Market Risk
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Based on monthly moving average Zhejiang is performing at about 18% 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 Zhejiang
by adding it to a well-diversified