FT 6689 Manager Performance Evaluation

FZEMWX -- USA Fund  

USD 8.57  0.0042  0.049%

The organization owns Beta (Systematic Risk) of -0.1491 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.. Even though it is essential to pay attention to FT 6689 Core existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis way in which we are predicting 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. FT 6689 exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

FT 6689 Core Relative Risk vs. Return Landscape

If you would invest  865.70  in FT 6689 Core Three Closed End on October 22, 2018 and sell it today you would lose (8.28)  from holding FT 6689 Core Three Closed End or give up 0.96% of portfolio value over 30 days. FT 6689 Core Three Closed End is producing return of less than zero assuming 0.5522% volatility of returns over the 30 days investment horizon. Simply put, 5% 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 (%) 
      Risk (%) 
Assuming 30 trading days horizon, FT 6689 Core Three Closed End is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 2.35 times less risky than the market. the firm trades about -0.58 of its potential returns per unit of risk. The DOW is currently generating roughly -0.09 of returns per unit of risk over similar time horizon.

FT 6689 Market Risk Analysis

Sharpe Ratio = -0.5774
Good Returns
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Negative ReturnsFZEMWX

FT 6689 Relative Performance Indicators

Estimated Market Risk
  actual daily
 96 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 1 %
of total potential
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 portfolio.

FT 6689 Performance Rating

FT 6689 Core Three Closed End Risk Adjusted Performance Analysis


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.

FT 6689 Alerts

Equity Alerts and Improvement Suggestions

FT 6689 Core is not yet fully synchronised with the market data
FT 6689 Core generates negative expected return over the last 30 days
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