The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Hermes Asia are completely uncorrelated. Although it is extremely important to respect Hermes Asia Ex current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining 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 evaluating Hermes Asia Ex technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Risk-Adjusted Fund PerformanceOver the last 30 days Hermes Asia Ex Japan Equity R Acc has generated negative risk-adjusted returns adding no value to fund investors. Inspite very unfluctuating forward-looking indicators, Hermes Asia is not utilizing all of its potentials. The current stock price disarray, may contribute to short term momentum losses for the insiders.
|Horizon||30 Days Login to change|
Hermes Asia Ex Relative Risk vs. Return LandscapeIf you would invest 291.00 in Hermes Asia Ex Japan Equity R Acc on June 18, 2019 and sell it today you would earn a total of 0.00 from holding Hermes Asia Ex Japan Equity R Acc or generate 0.0% return on investment over 30 days. Hermes Asia Ex Japan Equity R Acc 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 Hermes Asia and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Hermes Asia Current Valuation
Hermes Asia is very steady asset. Hermes Asia Ex retains regular Real Value of $3.0 per share. The prevalent price of the fund is $2.91. Based on Macroaxis valuation methodology, the entity appears to be undervalued. We determine the value of Hermes Asia Ex from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to acquire undervalued assets and to sell overvalued assets since at some point stocks prices and their ongoing real values will come together.
Hermes Asia Market Risk Analysis
Sharpe Ratio = 0.0