The etf retains Market Volatility (i.e. Beta) of 0.0049 which attests that as returns on market increase, HRGLL 10 returns are expected to increase less than the market. However during bear market, the loss on holding HRGLL 10 will be expected to be smaller as well.. Although it is extremely important to respect HRGLL-10 current price history, it is better to be realistic regarding the information on equity current price movements. The way of determining future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing HRGLL-10 technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
HRGLL-10 Relative Risk vs. Return LandscapeIf you would invest 23,090 in HRGLL-10 on November 16, 2018 and sell it today you would earn a total of 0.00 from holding HRGLL-10 or generate 0.0% return on investment over 30 days. HRGLL-10 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 HRGLL-10 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
HRGLL 10 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days HRGLL-10 has generated negative risk-adjusted returns adding no value to investors with long positions.