The entity has beta of 0.0 which indicates the returns on MARKET and Straits Tms are completely uncorrelated. Even though it is essential to pay attention to Straits Tms current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. Straits Tms exposes twenty-eight different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Straits Tms Relative Risk vs. Return LandscapeIf you would invest 334,795 in Straits Tms on September 13, 2019 and sell it today you would lose (23,398) from holding Straits Tms or give up 6.99% of portfolio value over 30 days. Straits Tms is currently does not generate positive expected returns and assumes 0.6529% risk (volatility on return distribution) over the 30 days horizon. In different words, 5% of equities are less volatile than Straits Tms and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Straits Tms Market Risk Analysis
Sharpe Ratio = -0.1728
Straits Tms Relative Performance Indicators
Estimated Market Risk