The fund holds Beta of -0.0238 which implies as returns on market increase, returns on owning Odey Allegra are expected to decrease at a much smaller rate. During bear market, Odey Allegra is likely to outperform the market.. Although it is extremely important to respect Odey Allegra Interna current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting 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 analyzing Odey Allegra Interna 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|
Odey Allegra Interna Relative Risk vs. Return LandscapeIf you would invest 15,481 in Odey Allegra International AUD Acc on November 14, 2018 and sell it today you would earn a total of 0.00 from holding Odey Allegra International AUD Acc or generate 0.0% return on investment over 30 days. Odey Allegra International AUD 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 Odey Allegra International AUD Acc and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Odey Allegra Current Valuation
December 14, 2018
Odey Allegra is Unknown risk asset. Odey Allegra Interna recent Real Value cannot be determined due to lack of data. The prevailing price of Odey Allegra Interna is A$154.81. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Odey Allegra Interna from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.
Odey Allegra Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days Odey Allegra International AUD Acc has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||128.1800|
|Fifty Two Week High||128.1800|
|Annual Report Expense Ratio||0.00%|