The entity has beta of 0.0 which indicates the returns on MARKET and Third Avenue are completely uncorrelated. Although it is extremely important to respect Third Avenue Intl current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring 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 inspecting Third Avenue Intl 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|
Third Avenue Intl Relative Risk vs. Return LandscapeIf you would invest 0.00 in Third Avenue Intl Val A4 USD on November 15, 2018 and sell it today you would earn a total of 0.00 from holding Third Avenue Intl Val A4 USD or generate 0.0% return on investment over 30 days. Third Avenue Intl Val A4 USD 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 Third Avenue Intl Val A4 USD and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Third Avenue Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days Third Avenue Intl Val A4 USD has generated negative risk-adjusted returns adding no value to fund investors.