The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Altana Corporate are completely uncorrelated. Even though it is essential to pay attention to Altana Corporate Bond historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing 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. Altana Corporate Bond A Inst EUR Acc exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Altana Corporate Bond Relative Risk vs. Return LandscapeIf you would invest 9,868 in Altana Corporate Bond A Inst EUR Acc on November 16, 2018 and sell it today you would lose (213.00) from holding Altana Corporate Bond A Inst EUR Acc or give up 2.16% of portfolio value over 30 days. Altana Corporate Bond A Inst EUR Acc is generating negative expected returns and assumes 0.3562% volatility on return distribution over the 30 days horizon. Simply put, 3% of equities are less volatile than Altana Corporate Bond A Inst EUR Acc and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Altana Corporate Current Valuation
December 16, 2018
Altana Corporate is Unknown risk asset. Altana Corporate Bond prevailing Real Value cannot be determined due to lack of data. The current price of Altana Corporate Bond is 96.55. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Macroaxis essentially approximates value of Altana Corporate Bond from analyzing the entity technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.
Altana Corporate Market Risk Analysis
Sharpe Ratio = -0.6783
Altana Corporate Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days Altana Corporate Bond A Inst EUR Acc has generated negative risk-adjusted returns adding no value to fund investors.