The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and GlobalAccess Global are completely uncorrelated. Although it is extremely important to respect GlobalAccess Global current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards 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 evaluating GlobalAccess Global 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|
GlobalAccess Global Relative Risk vs. Return LandscapeIf you would invest 0.00 in GlobalAccess Global Corp Bd I on February 20, 2019 and sell it today you would earn a total of 0.00 from holding GlobalAccess Global Corp Bd I or generate 0.0% return on investment over 30 days. GlobalAccess Global Corp Bd I 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 GlobalAccess Global and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
GlobalAccess Global Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days GlobalAccess Global Corp Bd I has generated negative risk-adjusted returns adding no value to fund investors.