The entity has beta of 0.0 which indicates the returns on MARKET and TENAX CRDIT are completely uncorrelated. Although it is extremely important to respect TENAX CRDIT EUR
current price movements, it is better to be realistic regarding the information on equity historical returns. The approach into measuring 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 examining TENAX CRDIT EUR technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days TENAX CRDIT EUR B has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, TENAX CRDIT is not utilizing all of its potentials. The prevalent stock price disturbance, may contribute to short term losses for the investors.
TENAX CRDIT EUR Relative Risk vs. Return Landscape
If you would invest (100.00)
in TENAX CRDIT EUR B on May 20, 2019
and sell it today you would earn a total of 100.00
from holding TENAX CRDIT EUR B or generate -100.0%
return on investment over 30
days. TENAX CRDIT EUR B 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 TENAX CRDIT and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
TENAX CRDIT Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average TENAX CRDIT 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 TENAX CRDIT
by adding it to a well-diversified