The firm shows Beta (market volatility) of 0.0854 which denotes to the fact that as returns on market increase, Farry Industries returns are expected to increase less than the market. However during bear market, the loss on holding Farry Industries will be expected to be smaller as well. Although it is extremely important to respect Farry Industries historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing Farry Industries technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Farry Industries right now shows a risk of 0.0%. Please confirm Farry Industries Variance and Potential Upside to decide if Farry Industries will be following its price patterns.
|Horizon||30 Days Login to change|
Farry Industries Relative Risk vs. Return LandscapeIf you would invest (100.00) in Farry Industries Limited on January 19, 2019 and sell it today you would earn a total of 100.00 from holding Farry Industries Limited or generate -100.0% return on investment over 30 days. Farry Industries Limited 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 Farry Industries and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Farry Industries Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days Farry Industries Limited has generated negative risk-adjusted returns adding no value to investors with long positions.