The entity maintains market beta of -0.0062 which attests that as returns on market increase, returns on owning Wellington Glbl are expected to decrease at a much smaller rate. During bear market, Wellington Glbl is likely to outperform the market.. Although it is extremely important to respect Wellington Glbl Strat
historical price patterns
, it is better to be realistic regarding the information on equity current price history. 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 examining Wellington Glbl Strat technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Wellington Glbl Strat Relative Risk vs. Return Landscape
If you would invest 1,023
in Wellington Glbl Strat Sov AUD T Acc H on September 23, 2018
and sell it today you would earn a total of 0.00
from holding Wellington Glbl Strat Sov AUD T Acc H or generate 0.0%
return on investment over 30
days. Wellington Glbl Strat Sov AUD T Acc H 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 Wellington Glbl Strat Sov AUD T Acc H and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Wellington Glbl Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Wellington Glbl 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 Wellington Glbl
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days Wellington Glbl Strat Sov AUD T Acc H has generated negative risk-adjusted returns adding no value to fund investors.
|Wellington Glbl is not yet fully synchronised with the market data|
|Wellington Glbl generates negative expected return over the last 30 days|
|Wellington Glbl has some characteristics of a very speculative penny stock|
Additionally see Investing Opportunities
. Please also try Idea Breakdown
module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.