The entity owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and CAC 40 are completely uncorrelated. Although it is extremely important to respect CAC 40 existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach to foreseeing future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining CAC 40 technical indicators you can at this time evaluate if the expected return of 0.0487% will be sustainable into the future.
|Horizon||30 Days Login to change|
CAC 40 Relative Risk vs. Return LandscapeIf you would invest 555,055 in CAC 40 on September 16, 2019 and sell it today you would earn a total of 15,150 from holding CAC 40 or generate 2.73% return on investment over 30 days. CAC 40 is currently producing 0.0487% returns and takes up 1.1% volatility of returns over 30 trading days. Put another way, 9% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
CAC 40 Market Risk Analysis
Sharpe Ratio = 0.0443
CAC 40 Relative Performance Indicators
Estimated Market Risk