The entity owns Beta (Systematic Risk) of 1.6797 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, 1686534 will likely underperform. Although it is extremely important to respect 1686534 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 1686534 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 1686534 has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, 1686534 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Horizon||30 Days Login to change|
1686534 Relative Risk vs. Return LandscapeIf you would invest 1,231 in 1686534 on June 18, 2019 and sell it today you would earn a total of 0.00 from holding 1686534 or generate 0.0% return on investment over 30 days. 1686534 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 1686534 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
1686534 Market Risk Analysis
Sharpe Ratio = 0.0