The entity owns Beta (Systematic Risk) of 0.0647 which signifies that as returns on market increase, 28231999 returns are expected to increase less than the market. However during bear market, the loss on holding 28231999 will be expected to be smaller as well. Although it is extremely important to respect 28231999 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 28231999 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|
28231999 Relative Risk vs. Return LandscapeIf you would invest 978.00 in 28231999 on December 19, 2018 and sell it today you would earn a total of 0.00 from holding 28231999 or generate 0.0% return on investment over 30 days. 28231999 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 28231999 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
28231999 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days 28231999 has generated negative risk-adjusted returns adding no value to fund investors.