The entity owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and 31549668 are completely uncorrelated. Although it is extremely important to respect 31549668 SG 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 index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating 31549668 SG 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|
31549668 SG Relative Risk vs. Return LandscapeIf you would invest 13,118,638 in 31549668 SG on February 22, 2019 and sell it today you would earn a total of 0.00 from holding 31549668 SG or generate 0.0% return on investment over 30 days. 31549668 SG 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 31549668 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
31549668 Market Risk Analysis
Sharpe Ratio = 0.0