The etf retains Market Volatility (i.e. Beta) of -0.002 which attests that as returns on market increase, returns on owning HRSSE 86 are expected to decrease at a much smaller rate. During bear market, HRSSE 86 is likely to outperform the market.. Although it is extremely important to respect HRSSE-86 current price history, it is better to be realistic regarding the information on equity current price movements. The approach towards 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 HRSSE-86 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|
HRSSE-86 Relative Risk vs. Return LandscapeIf you would invest 43,800 in HRSSE-86 on November 17, 2018 and sell it today you would earn a total of 0.00 from holding HRSSE-86 or generate 0.0% return on investment over 30 days. HRSSE-86 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 HRSSE-86 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
HRSSE 86 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days HRSSE-86 has generated negative risk-adjusted returns adding no value to investors with long positions.