The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and JM Floater are completely uncorrelated. Although it is extremely important to respect JM Floater LT existing price patterns, it is better to be realistic regarding the information on equity price patterns. The way in which we are determining 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 inspecting JM Floater LT technical indicators you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
JM Floater LT Relative Risk vs. Return LandscapeIf you would invest (100.00) in JM Floater LT Dl Div on January 17, 2019 and sell it today you would earn a total of 100.00 from holding JM Floater LT Dl Div or generate -100.0% return on investment over 30 days. JM Floater LT Dl Div is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than JM Floater and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
JM Floater Current Valuation
JM Floater is Unknown risk asset. JM Floater LT latest Real Value cannot be determined due to lack of data. The recent price of JM Floater LT is 0.0. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of JM Floater LT from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to invest in undervalued equities and to sell overvalued equities since sooner or later instruments prices and their ongoing real values will blend.
JM Floater Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days JM Floater LT Dl Div has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||10.0065|
|Fifty Two Week High||10.0065|
|Annual Report Expense Ratio||0.67%|