The organization shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and EQQQZ are completely uncorrelated. Although it is extremely important to respect EQQQZ historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach towards predicting 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 EQQQZ technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
EQQQZ Relative Risk vs. Return LandscapeIf you would invest 0.00 in EQQQZ on February 23, 2019 and sell it today you would earn a total of 0.00 from holding EQQQZ or generate 0.0% return on investment over 30 days. EQQQZ 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 EQQQZ and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
EQQQZ Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days EQQQZ has generated negative risk-adjusted returns adding no value to fund investors.