The fund secures Beta (Market Risk) of -0.0203 which conveys that as returns on market increase, returns on owning Mediolanum are expected to decrease at a much smaller rate. During bear market, Mediolanum is likely to outperform the market. Although it is extremely important to respect Mediolanum Ch Provident price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating 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 analyzing Mediolanum Ch Provident technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
Mediolanum Ch Provident Relative Risk vs. Return LandscapeIf you would invest 1,384 in Mediolanum Ch Provident 3 on January 20, 2019 and sell it today you would earn a total of 0.00 from holding Mediolanum Ch Provident 3 or generate 0.0% return on investment over 30 days. Mediolanum Ch Provident 3 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 Mediolanum and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Mediolanum Current Valuation
Mediolanum is Unknown risk asset. Mediolanum Ch Provident last-minute Real Value cannot be determined due to lack of data. The latest price of Mediolanum Ch Provident is 13.84. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of Mediolanum Ch Provident from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.
Mediolanum Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days Mediolanum Ch Provident 3 has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||13.8980|
|Fifty Two Week High||13.8980|
|Annual Report Expense Ratio||1.59%|