The entity owns Beta (Systematic Risk) of -1.0142 which signifies that Although it is extremely important to respect 29088548 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 29088548 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|
29088548 Relative Risk vs. Return LandscapeIf you would invest 997.00 in 29088548 on February 19, 2019 and sell it today you would earn a total of 0.00 from holding 29088548 or generate 0.0% return on investment over 30 days. 29088548 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 29088548 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
29088548 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days 29088548 has generated negative risk-adjusted returns adding no value to fund investors.