The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Madrid Gnrl are completely uncorrelated. Even though it is essential to pay attention to Madrid Gnrl price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any index is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Madrid Gnrl exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Madrid Gnrl Relative Risk vs. Return LandscapeIf you would invest 92,529 in Madrid Gnrl on August 21, 2019 and sell it today you would lose (2,063) from holding Madrid Gnrl or give up 2.23% of portfolio value over 30 days. Madrid Gnrl is currently producing negative expected returns and takes up 0.8113% volatility of returns over 30 trading days. Put another way, 7% 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 (%)
Madrid Gnrl Market Risk Analysis
Sharpe Ratio = -0.0401
Madrid Gnrl Relative Performance Indicators
Estimated Market Risk