The entity shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and ABS INS are completely uncorrelated. Even though it is essential to pay attention to ABS INS EUR historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach towards foreseeing future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ABS INS EUR B1P ACC exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
ABS INS EUR Relative Risk vs. Return LandscapeIf you would invest 166.00 in ABS INS EUR B1P ACC on November 14, 2018 and sell it today you would lose (0.14) from holding ABS INS EUR B1P ACC or give up 0.08% of portfolio value over 30 days. ABS INS EUR B1P ACC is generating negative expected returns and assumes 0.0319% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than ABS INS EUR B1P ACC and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
ABS INS Market Risk Analysis
Sharpe Ratio = -0.378
Risk-Adjusted Fund PerformanceOver the last 30 days ABS INS EUR B1P ACC has generated negative risk-adjusted returns adding no value to fund investors.