The entity maintains market beta of -0.0518 which attests that as returns on market increase, returns on owning Wellington Global are expected to decrease at a much smaller rate. During bear market, Wellington Global is likely to outperform the market.. Even though it is essential to pay attention to Wellington Global historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining 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. Wellington Global exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Wellington Global Relative Risk vs. Return LandscapeIf you would invest 1,309 in Wellington Global HY Bond S EU on November 15, 2018 and sell it today you would lose (34.00) from holding Wellington Global HY Bond S EU or give up 2.6% of portfolio value over 30 days. Wellington Global HY Bond S EU is generating negative expected returns and assumes 1.0212% volatility on return distribution over the 30 days horizon. Simply put, 9% of equities are less volatile than Wellington Global HY Bond S EU and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Wellington Global Current Valuation
December 15, 2018
Wellington Global is Unknown risk asset. Wellington Global prevalent Real Value cannot be determined due to lack of data. The last-minute price of Wellington Global is 12.75. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Wellington Global from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to purchase undervalued securities and to sell overvalued securities since at some point equities prices and their ongoing real values will grow together.
Wellington Global Market Risk Analysis
Sharpe Ratio = -0.6383
Wellington Global Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days Wellington Global HY Bond S EU has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||13.2240|
|Fifty Two Week High||13.2240|
|Annual Report Expense Ratio||0.62%|