The entity owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and 1362 are completely uncorrelated. Although it is extremely important to respect 1362 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 1362 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|
1362 Relative Risk vs. Return LandscapeIf you would invest (100.00) in 1362 on January 23, 2019 and sell it today you would earn a total of 100.00 from holding 1362 or generate -100.0% return on investment over 30 days. 1362 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 1362 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
1362 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days 1362 has generated negative risk-adjusted returns adding no value to fund investors.