The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Atlante Target are completely uncorrelated. Even though it is essential to pay attention to Atlante Target Italy historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Atlante Target Italy I exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Atlante Target Italy Relative Risk vs. Return LandscapeIf you would invest 17,847 in Atlante Target Italy I on January 19, 2019 and sell it today you would lose (419.00) from holding Atlante Target Italy I or give up 2.35% of portfolio value over 30 days. Atlante Target Italy I is generating negative expected returns and assumes 1.3554% volatility on return distribution over the 30 days horizon. Simply put, 12% of equities are less volatile than Atlante Target and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Atlante Target Current Valuation
Atlante Target is Unknown risk asset. Atlante Target Italy prevailing Real Value cannot be determined due to lack of data. The current price of Atlante Target Italy is 174.28. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of Atlante Target Italy from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.
Atlante Target Market Risk Analysis
Sharpe Ratio = -0.5774
Atlante Target Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days Atlante Target Italy I has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||149.8170|
|Fifty Two Week High||149.8170|