The entity has beta of -0.1223 which indicates as returns on market increase, returns on owning Sanlam Global are expected to decrease at a much smaller rate. During bear market, Sanlam Global is likely to outperform the market. . Even though it is essential to pay attention to Sanlam Global Best current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Sanlam Global Best Ideas A EUR exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Sanlam Global Best Relative Risk vs. Return LandscapeIf you would invest 116.00 in Sanlam Global Best Ideas A EUR on December 18, 2018 and sell it today you would lose (9.00) from holding Sanlam Global Best Ideas A EUR or give up 7.76% of portfolio value over 30 days. Sanlam Global Best Ideas A EUR is generating negative expected returns and assumes 1.7831% volatility on return distribution over the 30 days horizon. Simply put, 16% of equities are less volatile than Sanlam Global Best and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Sanlam Global Current Valuation
Sanlam Global is Unknown risk asset. Sanlam Global Best current Real Value cannot be determined due to lack of data. The regular price of Sanlam Global Best is 0.0. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Sanlam Global Best from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.
Sanlam Global Market Risk Analysis
Sharpe Ratio = -0.7423
Sanlam Global Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days Sanlam Global Best Ideas A EUR has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||1.0601|
|Fifty Two Week High||1.0927|
|Annual Report Expense Ratio||1.53%|