The fund secures Beta (Market Risk) of 0.1028 which conveys that as returns on market increase, Mirae Asset returns are expected to increase less than the market. However during bear market, the loss on holding Mirae Asset will be expected to be smaller as well. Although it is extremely important to respect Mirae Asset Emerging 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 Emerging 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|
Mirae Asset Emerging Relative Risk vs. Return LandscapeIf you would invest 5,220 in Mirae Asset Emerging Bluechip Dir Gr on January 20, 2019 and sell it today you would earn a total of 0.00 from holding Mirae Asset Emerging Bluechip Dir Gr or generate 0.0% return on investment over 30 days. Mirae Asset Emerging Bluechip Dir Gr 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 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 Emerging last-minute Real Value cannot be determined due to lack of data. The latest price of Mirae Asset Emerging is 52.2. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of Mirae Asset Emerging 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 = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days Mirae Asset Emerging Bluechip Dir Gr has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||50.7000|
|Fifty Two Week High||54.1920|