The fund holds Beta of 0.0 which implies the returns on MARKET and Russell Floating are completely uncorrelated. Although it is extremely important to respect Russell Floating Rate
current trending patterns, it is better to be realistic regarding the information on equity existing price patterns
. The philosophy towards forecasting 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 Russell Floating Rate 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 Russell Floating Rate Fd I Stg H Income has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly stable primary indicators, Russell Floating is not utilizing all of its potentials. The continuing stock price fuss, may contribute to near short-term losses for the directors.
|Fifty Two Week Low||979.54|
|Fifty Two Week High||979.54|
Russell Floating Rate Relative Risk vs. Return Landscape
If you would invest (100.00)
in Russell Floating Rate Fd I Stg H Income on April 26, 2019
and sell it today you would earn a total of 100.00
from holding Russell Floating Rate Fd I Stg H Income or generate -100.0%
return on investment over 30
days. Russell Floating Rate Fd I Stg H Income 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 Russell Floating and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Russell Floating Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Russell Floating 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 Russell Floating
by adding it to a well-diversified