The entity owns Beta (Systematic Risk) of 0.0 which indicates the returns on MARKET and SP Kensho are completely uncorrelated. Although it is extremely important to respect SP Kensho Distributed existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach towards measuring 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 analyzing SP Kensho Distributed technical indicators you can at this time evaluate if the expected return of 0.0506% will be sustainable into the future.
|Horizon||30 Days Login to change|
SP Kensho Distributed Relative Risk vs. Return LandscapeIf you would invest 9,132 in SP Kensho Distributed Ledger I on September 19, 2019 and sell it today you would earn a total of 11.00 from holding SP Kensho Distributed Ledger I or generate 0.12% return on investment over 30 days. SP Kensho Distributed Ledger I is generating 0.0506% of daily returns and assumes 1.7752% volatility on return distribution over the 30 days horizon. Simply put, 15% of equities are less volatile than SP Kensho and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
SP Kensho Market Risk Analysis
Sharpe Ratio = 0.0285
SP Kensho Relative Performance Indicators
Estimated Market Risk