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.
31549668 SG Relative Risk vs. Return Landscape
If you would invest 0.00
in 31549668 SG on September 22, 2018
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 SG 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
Based on monthly moving average 31549668 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 31549668
by adding it to a well-diversified
|31549668 SG is not yet fully synchronised with the market data|
|31549668 SG has some characteristics of a very speculative penny stock|
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. Please also try Theme Ratings
module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.