The fund retains Market Volatility (i.e. Beta) of -0.0158 which attests that as returns on market increase, returns on owning GlobalAccess Glbl are expected to decrease at a much smaller rate. During bear market, GlobalAccess Glbl is likely to outperform the market. Although it is extremely important to respect GlobalAccess Glbl Govt 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 Govt 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 Glbl Govt Relative Risk vs. Return LandscapeIf you would invest 7,400 in GlobalAccess Glbl Govt Bd M Acc on January 18, 2019 and sell it today you would earn a total of 0.00 from holding GlobalAccess Glbl Govt Bd M Acc or generate 0.0% return on investment over 30 days. GlobalAccess Glbl Govt Bd M 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 Current Valuation
GlobalAccess Glbl is Unknown risk asset. GlobalAccess Glbl Govt regular Real Value cannot be determined due to lack of data. The prevalent price of GlobalAccess Glbl Govt is p;74.0. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Macroaxis essentially calculates value of GlobalAccess Glbl Govt from evaluating the entity technical indicators and Probability Of Bankruptcy. In general, we encourage to acquire undervalued assets and to sell overvalued assets since at some point stocks prices and their ongoing real values will come together.
GlobalAccess Glbl Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days GlobalAccess Glbl Govt Bd M Acc has generated negative risk-adjusted returns adding no value to fund investors.