We consider Muzinich Glbl not too risky. Muzinich Glbl Tctl
has Sharpe Ratio of 0.0513 which conveys that Muzinich Glbl Tctl
had 0.0513% of return per unit of risk over the last 1 month. Our philosophy towards estimating volatility of a fund is to use all available market data together with company specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Muzinich Glbl which you can use to evaluate future volatility of the organization. Please verify Muzinich Glbl Tctl Crdt Hgd GBP Mean Deviation
of 0.2197 and Risk Adjusted Performance
of 0.13 to check out if risk estimate we provide are consistent with the epected return of 0.0081%. The fund secures Beta (Market Risk) of 0.4185 which conveys that as returns on market increase, Muzinich Glbl returns are expected to increase less than the market. However during bear market, the loss on holding Muzinich Glbl will be expected to be smaller as well.. Although it is extremely important to respect Muzinich Glbl Tctl price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Muzinich Glbl Tctl technical indicators you can presently evaluate if the expected return of 0.0081% will be sustainable into the future.
|15 days auto-correlation|| 0.06 |
Virtually no predictability
Muzinich Glbl Tctl Crdt Hgd GBP has virtually no predictability. Overlapping area represents the amount of predictability between Muzinich Glbl time series from June 20, 2018 to July 5, 2018 and July 5, 2018 to July 20, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Muzinich Glbl Tctl price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Muzinich Glbl price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 0.06|
|Price Variance|| 64.5|
|Lagged Price Variance|| 146.19|
|Average Price|| 9703.0|