The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and HFEUAZ are completely uncorrelated. . Although it is extremely important to respect HFEUAZ current price history, it is better to be realistic regarding the information on equity current price movements. The approach into 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 inspecting HFEUAZ technical indicators you can right now evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
HFEUAZ Relative Risk vs. Return LandscapeIf you would invest 8,807 in HFEUAZ on December 17, 2018 and sell it today you would earn a total of 0.00 from holding HFEUAZ or generate 0.0% return on investment over 30 days. HFEUAZ 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 HFEUAZ and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
HFEUAZ Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days HFEUAZ has generated negative risk-adjusted returns adding no value to fund investors.