The fund holds Beta of -0.0487 which implies as returns on market increase, returns on owning Peerless Equity are expected to decrease at a much smaller rate. During bear market, Peerless Equity is likely to outperform the market. Although it is extremely important to respect Peerless Equity Half current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting 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 analyzing Peerless Equity Half technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
Peerless Equity Half Relative Risk vs. Return LandscapeIf you would invest 1,356 in Peerless Equity Half Yrly Div on January 18, 2019 and sell it today you would earn a total of 0.00 from holding Peerless Equity Half Yrly Div or generate 0.0% return on investment over 30 days. Peerless Equity Half Yrly 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 Peerless Equity and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Peerless Equity Current Valuation
Peerless Equity is Unknown risk asset. Peerless Equity Half recent Real Value cannot be determined due to lack of data. The prevailing price of Peerless Equity Half is 13.56. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Peerless Equity Half from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.
Peerless Equity Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days Peerless Equity Half Yrly Div has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||16.7191|
|Fifty Two Week High||16.7191|