The entity owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and 19909954 are completely uncorrelated. Although it is extremely important to respect 19909954 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 19909954 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|
19909954 Relative Risk vs. Return LandscapeIf you would invest 120.83 in 19909954 on January 24, 2019 and sell it today you would earn a total of 0.00 from holding 19909954 or generate 0.0% return on investment over 30 days. 19909954 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 19909954 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
19909954 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days 19909954 has generated negative risk-adjusted returns adding no value to fund investors.