The entity owns Beta (Systematic Risk) of -0.0912 which signifies that as returns on market increase, returns on owning 1361 are expected to decrease at a much smaller rate. During bear market, 1361 is likely to outperform the market. Although it is extremely important to respect 1361 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 1361 technical indicators you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Risk-Adjusted Fund PerformanceOver the last 30 days 1361 has generated negative risk-adjusted returns adding no value to fund investors. In defiance of relatively invariable forward-looking signals, 1361 is not utilizing all of its potentials. The current stock price agitation, may contribute to short running losses for the management.
|Horizon||30 Days Login to change|
1361 Relative Risk vs. Return LandscapeIf you would invest 9,945 in 1361 on April 23, 2019 and sell it today you would earn a total of 0.00 from holding 1361 or generate 0.0% return on investment over 30 days. 1361 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 1361 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
1361 Market Risk Analysis
Sharpe Ratio = 0.0
|1361 is not yet fully synchronised with the market data|