The entity has beta of 0.0 which indicates the returns on MARKET and SAN NOR are completely uncorrelated. Although it is extremely important to respect SAN NOR AM 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 SAN NOR AM technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
SAN NOR AM Relative Risk vs. Return LandscapeIf you would invest 0.00 in SAN NOR AM USD A AC on February 24, 2019 and sell it today you would earn a total of 0.00 from holding SAN NOR AM USD A AC or generate 0.0% return on investment over 30 days. SAN NOR AM USD A 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 SAN NOR and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
SAN NOR Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days SAN NOR AM USD A AC has generated negative risk-adjusted returns adding no value to fund investors.