The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Aviva Euro are completely uncorrelated. Although it is extremely important to respect Aviva Euro Equity
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing 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 Aviva Euro Equity technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days Aviva Euro Equity Int S4 has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, Aviva Euro is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Aviva Euro Equity Relative Risk vs. Return Landscape
If you would invest (100.00)
in Aviva Euro Equity Int S4 on June 22, 2019
and sell it today you would earn a total of 100.00
from holding Aviva Euro Equity Int S4 or generate -100.0%
return on investment over 30
days. Aviva Euro Equity Int S4 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 Aviva Euro and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Aviva Euro Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Aviva Euro 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 Aviva Euro
by adding it to a well-diversified