The fund retains Market Volatility (i.e. Beta) of -0.0931 which attests that as returns on market increase, returns on owning Iridian U are expected to decrease at a much smaller rate. During bear market, Iridian U is likely to outperform the market.. Although it is extremely important to respect Iridian U S
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 Iridian U S technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.