The entity owns Beta (Systematic Risk) of 0.1123 which signifies that as returns on market increase, 11513208 returns are expected to increase less than the market. However during bear market, the loss on holding 11513208 will be expected to be smaller as well. Although it is extremely important to respect 11513208 existing price patterns, it is better to be realistic regarding the information on equity price patterns. The way in which we are foreseeing 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 evaluating 11513208 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|
11513208 Relative Risk vs. Return LandscapeIf you would invest 97.70 in 11513208 on February 19, 2019 and sell it today you would earn a total of 0.00 from holding 11513208 or generate 0.0% return on investment over 30 days. 11513208 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 11513208 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
11513208 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days 11513208 has generated negative risk-adjusted returns adding no value to fund investors.