Orchard A is abnormally risky given 2 months investment horizon. Orchard A GBP
maintains Sharpe Ratio (i.e. Efficiency) of 0.1546 which implies the entity had 0.1546% of return per unit of risk over the last 2 months. Our philosophy towards forecasting volatility of a fund is to use Orchard A GBP
market data together with company specific technical indicators
. We found twenty-one different technical indicators
which can help you to evaluate if expected returns of 26.7181% are justified by taking the suggested risk. Use Orchard A Risk Adjusted Performance
of 0.2749, Semi Deviation
of 15.64 and Coefficient Of Variation
of 677.17 to evaluate company specific risk that cannot be diversified away. The fund holds Beta of -90.3518 which implies as returns on market increase, returns on owning Orchard A are expected to decrease by larger amounts. On the other hand, during market turmoil, Orchard A is expected to significantly outperform it. Although it is essential to pay attention to Orchard A GBP
current trending patterns, it is also good to be reasonable about what you can actually do with equity existing price patterns
. Macroaxis philosophy towards forecasting future performance of any fund is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators
. To evaluate if Orchard A GBP expected return of 26.7181 will be sustainable into the future, we have found twenty-one different technical indicators
which can help you to check if the expected returns are sustainable.
Virtually no predictability
Orchard A GBP Acc has virtually no predictability. Overlapping area represents the amount of predictability between Orchard A time series from December 19, 2018 to January 18, 2019 and January 18, 2019 to February 17, 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 Orchard A GBP price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Orchard A price fluctuation can be explain by its past prices.