The entity maintains market beta of -0.3536 which attests that as returns on market increase, returns on owning WEL OP are expected to decrease at a much smaller rate. During bear market, WEL OP is likely to outperform the market. Although it is extremely important to respect WEL OP EM historical price patterns, it is better to be realistic regarding the information on equity current price history. The approach into 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 reviewing WEL OP EM technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
WEL OP EM Relative Risk vs. Return LandscapeIf you would invest 1,333 in WEL OP EM CHF S AC on December 19, 2018 and sell it today you would earn a total of 0.00 from holding WEL OP EM CHF S AC or generate 0.0% return on investment over 30 days. WEL OP EM CHF S AC 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 WEL OP and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
WEL OP Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days WEL OP EM CHF S AC has generated negative risk-adjusted returns adding no value to fund investors.