The entity maintains market beta of 0.0 which attests that the returns on MARKET and WEL STR are completely uncorrelated. Although it is extremely important to respect WEL STR EU
historical price patterns
, it is better to be realistic regarding the information on equity current price history. The approach into determining 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 reviewing WEL STR EU 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 WEL STR EU CHF N AC has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, WEL STR is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
WEL STR EU Relative Risk vs. Return Landscape
If you would invest 0.00
in WEL STR EU CHF N AC on April 27, 2019
and sell it today you would earn a total of 0.00
from holding WEL STR EU CHF N AC or generate 0.0%
return on investment over 30
days. WEL STR EU CHF N AC 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 WEL STR and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
WEL STR Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average WEL STR 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 WEL STR
by adding it to a well-diversified