The entity owns Beta (Systematic Risk) of 0.7753 which signifies that as returns on market increase, 3630405 returns are expected to increase less than the market. However during bear market, the loss on holding 3630405 will be expected to be smaller as well. Although it is extremely important to respect 3630405 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 etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating 3630405 technical indicators you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted PerformanceOver the last 30 days 3630405 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, 3630405 is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short term losses for the investors.
|Horizon||30 Days Login to change|
3630405 Relative Risk vs. Return LandscapeIf you would invest 433.14 in 3630405 on March 21, 2019 and sell it today you would earn a total of 0.00 from holding 3630405 or generate 0.0% return on investment over 30 days. 3630405 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 3630405 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
3630405 Market Risk Analysis
Sharpe Ratio = 0.0
Equity Alerts and Improvement Suggestions
|3630405 is not yet fully synchronised with the market data|