The entity owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and 131394 are completely uncorrelated. Although it is extremely important to respect 131394
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 131394 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
131394 Relative Risk vs. Return Landscape
If you would invest 1,290
in 131394 on October 18, 2018
and sell it today you would earn a total of 0.00
from holding 131394 or generate 0.0%
return on investment over 30
days. 131394 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 131394 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
131394 Current Valuation
November 17, 2018
131394 is Unknown risk
latest Real Value
cannot be determined due to lack of data. The recent price of 131394
is 0.0. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time
. We determine the value of 131394
from evaluating fund fundamentals
and technical indicators
as well as its Probability Of Bankruptcy
. In general, we favor to invest in undervalued equities and to trade away overvalued equities since sooner or later instruments prices and their ongoing real values
will grow together.
131394 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average 131394 is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of 131394
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days 131394 has generated negative risk-adjusted returns adding no value to fund investors.
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