The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and HMEXZ are completely uncorrelated. Although it is extremely important to respect HMEXZ
current price history, it is better to be realistic regarding the information on equity current price movements. The approach to 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 HMEXZ technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days HMEXZ has generated negative risk-adjusted returns adding no value to fund investors. Despite nearly stable fundamental indicators, HMEXZ is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholder.
HMEXZ Relative Risk vs. Return Landscape
If you would invest (100.00)
in HMEXZ on June 17, 2019
and sell it today you would earn a total of 100.00
from holding HMEXZ or generate -100.0%
return on investment over 30
days. HMEXZ 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 HMEXZ and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
HMEXZ Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average HMEXZ 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 HMEXZ
by adding it to a well-diversified