Macroaxis considers Bridgeway Blue to be not too volatile. Bridgeway Blue Chip
secures Sharpe Ratio (or Efficiency) of -0.0122 which signifies that the fund had -0.0122% of return per unit of risk over the last 3 months. Macroaxis philosophy towards foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Bridgeway Blue Chip Fund exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bridgeway Blue Chip Mean Deviation
of 0.7307, Risk Adjusted Performance
of 0.0119 and Downside Deviation
of 1.26 to double-check risk estimate we provide. The organization shows Beta (market volatility) of 0.9674 which signifies that Bridgeway Blue returns are very sensitive to returns on the market. as market goes up or down, Bridgeway Blue is expected to follow. Even though it is essential to pay attention to Bridgeway Blue Chip
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Bridgeway Blue Chip Fund exposes twenty-one different technical indicators which can help you to evaluate its performance.
Bridgeway Blue Chip Fund has average predictability. Overlapping area represents the amount of predictability between Bridgeway Blue time series from July 24, 2019 to September 7, 2019 and September 7, 2019 to October 22, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bridgeway Blue Chip price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Bridgeway Blue price fluctuation can be explain by its past prices.