The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and GlobalAccess Glbl are completely uncorrelated. Although it is extremely important to respect GlobalAccess Glbl
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 Glbl technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days GlobalAccess Glbl Hi Yld Bd B Acc has generated negative risk-adjusted returns adding no value to fund investors. Regardless of fairly consistent technical and fundamental indicators, GlobalAccess Glbl is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders.
GlobalAccess Glbl Relative Risk vs. Return Landscape
If you would invest (100.00)
in GlobalAccess Glbl Hi Yld Bd B Acc on June 19, 2019
and sell it today you would earn a total of 100.00
from holding GlobalAccess Glbl Hi Yld Bd B Acc or generate -100.0%
return on investment over 30
days. GlobalAccess Glbl Hi Yld Bd 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 GlobalAccess Glbl and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
GlobalAccess Glbl Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average GlobalAccess Glbl is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GlobalAccess Glbl
by adding it to a well-diversified