The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Guinness European are completely uncorrelated. Although it is extremely important to respect Guinness European Eq
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 Guinness European Eq technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Guinness European Eq Relative Risk vs. Return Landscape
If you would invest 0.00
in Guinness European Equity Income X GBPInc on June 17, 2018
and sell it today you would earn a total of 0.00
from holding Guinness European Equity Income X GBPInc or generate 0.0%
return on investment over 30
days. Guinness European Equity Income X GBPInc 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 Guinness European Equity Income X GBPInc and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Guinness European Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Guinness European is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Guinness European
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days Guinness European Equity Income X GBPInc has generated negative risk-adjusted returns adding no value to fund investors.
|Guinness European Eq has some characteristics of a very speculative penny stock|
|The fund retains about 5.3% of its assets under management (AUM) in cash|