The entity has beta of 0.0 which indicates the returns on MARKET and Sector Healthcare are completely uncorrelated. Although it is extremely important to respect Sector Healthcare Fund current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring 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 Sector Healthcare Fund technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
Sector Healthcare Fund Relative Risk vs. Return LandscapeIf you would invest (100.00) in Sector Healthcare Fund EUR on February 24, 2019 and sell it today you would earn a total of 100.00 from holding Sector Healthcare Fund EUR or generate -100.0% return on investment over 30 days. Sector Healthcare Fund EUR 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 Sector Healthcare and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Sector Healthcare Current Valuation
Sector Healthcare is Unknown risk asset. Sector Healthcare Fund current Real Value cannot be determined due to lack of data. The regular price of Sector Healthcare Fund is 0.0. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Sector Healthcare Fund from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.
Sector Healthcare Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days Sector Healthcare Fund EUR has generated negative risk-adjusted returns adding no value to fund investors.