|FZEMWX -- USA Fund|| |
USD 9.21 0.0009 0.0098%
The organization owns Beta (Systematic Risk) of -0.201 which denotes to the fact that as returns on market increase, returns on owning FT 6689 are expected to decrease at a much smaller rate. During bear market, FT 6689 is likely to outperform the market.. Although it is extremely important to respect FT 6689 Core
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The way in which we are predicting 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 FT 6689 Core technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
FT 6689 Core Relative Risk vs. Return Landscape
If you would invest 921.09
in FT 6689 Core Three Closed End on August 21, 2018
and sell it today you would earn a total of 0.00
from holding FT 6689 Core Three Closed End or generate 0.0%
return on investment over 30
days. FT 6689 Core Three Closed End is producing return of less than zero assuming 0.0% volatility of returns over the 30 days investment horizon. Simply put, 0% of all equities have less volatile historical return distribution than FT 6689 Core Three Closed End and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
FT 6689 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average FT 6689 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 FT 6689
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days FT 6689 Core Three Closed End has generated negative risk-adjusted returns adding no value to fund investors.