The fund holds Beta of -0.1109 which implies as returns on market increase, returns on owning Russell Multi are expected to decrease at a much smaller rate. During bear market, Russell Multi is likely to outperform the market. Although it is extremely important to respect Russell Multi Asset current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting 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 analyzing Russell Multi Asset technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Risk-Adjusted Fund PerformanceOver the last 30 days Russell Multi Asset 70 B Acc has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, Russell Multi is not utilizing all of its potentials. The prevalent stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||188.52|
|Fifty Two Week High||188.52|
|Horizon||30 Days Login to change|
Russell Multi Asset Relative Risk vs. Return LandscapeIf you would invest 17,054 in Russell Multi Asset 70 B Acc on June 16, 2019 and sell it today you would earn a total of 0.00 from holding Russell Multi Asset 70 B Acc or generate 0.0% return on investment over 30 days. Russell Multi Asset 70 B Acc 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 Russell Multi and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Russell Multi Current Valuation
July 16, 2019
Russell Multi is very steady asset. Russell Multi Asset holds recent Real Value of $150.93 per share. The prevailing price of the fund is $170.54. At this time the fund appears to be overvalued. We determine the value of Russell Multi Asset from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.
Russell Multi Market Risk Analysis
Sharpe Ratio = 0.0