The firm owns Beta (Systematic Risk) of 0.0 which denotes to the fact that the returns on MARKET and DECOLIGHT are completely uncorrelated. Although it is extremely important to respect DECOLIGHT-BE existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach to predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing DECOLIGHT-BE technical indicators you can at this time evaluate if the expected return of 0.0% will be sustainable into the future. DECOLIGHT-BE at this moment owns a risk of 0.0%. Please confirm DECOLIGHT-BE Coefficient Of Variation and the relationship between Jensen Alpha and Skewness to decide if DECOLIGHT-BE will be following its current price history.
|Horizon||30 Days Login to change|
DECOLIGHT-BE Relative Risk vs. Return LandscapeIf you would invest 0.00 in DECOLIGHT-BE on January 19, 2019 and sell it today you would earn a total of 0.00 from holding DECOLIGHT-BE or generate 0.0% return on investment over 30 days. DECOLIGHT-BE 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 DECOLIGHT and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
DECOLIGHT Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days DECOLIGHT-BE has generated negative risk-adjusted returns adding no value to investors with long positions.