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.
EQQQZ Relative Risk vs. Return Landscape
If you would invest 0.00
in EQQQZ on November 9, 2018
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
Based on monthly moving average EQQQZ 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 EQQQZ
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days EQQQZ has generated negative risk-adjusted returns adding no value to fund investors.
|EQQQZ is not yet fully synchronised with the market data|
|EQQQZ has some characteristics of a very speculative penny stock|
|EQQQZ has high likelihood to experience some financial distress in the next 2 years|
|The fund retains all of its assets under management (AUM) in equities|