The fund secures Beta (Market Risk) of -0.0021 which conveys that as returns on market increase, returns on owning Mirae Asset are expected to decrease at a much smaller rate. During bear market, Mirae Asset is likely to outperform the market. Although it is extremely important to respect Mirae Asset UST 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 Mirae Asset UST technical indicators you can presently evaluate if the expected return of 0.0039% will be sustainable into the future.
|Horizon||30 Days Login to change|
Mirae Asset UST Relative Risk vs. Return LandscapeIf you would invest 111,846 in Mirae Asset UST Instl Wk Div on January 22, 2019 and sell it today you would earn a total of 143.00 from holding Mirae Asset UST Instl Wk Div or generate 0.13% return on investment over 30 days. Mirae Asset UST Instl Wk Div is generating 0.0039% of daily returns and assumes 0.0655% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than Mirae Asset and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Mirae Asset Current Valuation
Mirae Asset is Unknown risk asset. Mirae Asset UST last-minute Real Value cannot be determined due to lack of data. The latest price of Mirae Asset UST is 1119.89. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of Mirae Asset UST 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.
Mirae Asset Market Risk Analysis
Sharpe Ratio = 0.0595
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in Mirae Asset UST Instl Wk Div are ranked lower than 3 (%) of all funds and portfolios of funds over the last 30 days.
|Fifty Two Week Low||1,116.2200|
|Fifty Two Week High||1,120.6500|
|Annual Report Expense Ratio||0.79%|