The entity owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and 914793 are completely uncorrelated. Although it is extremely important to respect 914793
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 914793 technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days 914793 has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, 914793 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
914793 Relative Risk vs. Return Landscape
If you would invest (100.00)
in 914793 on June 16, 2019
and sell it today you would earn a total of 100.00
from holding 914793 or generate -100.0%
return on investment over 30
days. 914793 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 914793 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
914793 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average 914793 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 914793
by adding it to a well-diversified