You can makes use of fundamental analysis to find out if IE00B64NYQ07 is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We found one available financial indicators for IE00B64NYQ07 which can be compared to its peers in the sector. Use IE00B64NYQ07 to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of IE00B64NYQ07 to be traded at $14.05 in 30 days
IE00B64NYQ07 Systematic Risk
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was six with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on IE00B64NYQ07 correlated with the market. If Beta is less than 0 IE00B64NYQ07 generally moves in the opposite direction as compared to the market. If IE00B64NYQ07 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one IE00B64NYQ07 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IE00B64NYQ07 is generally in the same direction as the market. If Beta > 1 IE00B64NYQ07 moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.
Please also check Risk vs Return Analysis. Please also try Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.