The fund secures Beta (Market Risk) of 0.0058 which conveys that as returns on market increase, MGI Global returns are expected to increase less than the market. However during bear market, the loss on holding MGI Global will be expected to be smaller as well.. Even though it is essential to pay attention to MGI Global Equity price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis way of estimating 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. MGI Global exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
MGI Global Equity Relative Risk vs. Return LandscapeIf you would invest 1,972,800 in MGI Global Equity M 2 Hdg on November 16, 2018 and sell it today you would lose (43,800) from holding MGI Global Equity M 2 Hdg or give up 2.22% of portfolio value over 30 days. MGI Global Equity M 2 Hdg is generating negative expected returns and assumes 1.2818% volatility on return distribution over the 30 days horizon. Simply put, 11% of equities are less volatile than MGI Global Equity M 2 Hdg and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
MGI Global Current Valuation
December 16, 2018
MGI Global is Unknown risk asset. MGI Global Equity last-minute Real Value cannot be determined due to lack of data. The latest price of MGI Global Equity is p;19290.0. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of MGI Global Equity from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since in the future entities prices and their ongoing real values will merge together.
MGI Global Market Risk Analysis
Sharpe Ratio = -0.5774
MGI Global Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days MGI Global Equity M 2 Hdg has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||147.2500|
|Fifty Two Week High||147.2500|
|Annual Report Expense Ratio||0.00%|