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 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 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|
Guinness European Relative Risk vs. Return LandscapeIf you would invest 0.00 in Guinness European Equity Income X GBPInc on January 21, 2019 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 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
Risk-Adjusted Fund PerformanceOver the last 30 days Guinness European Equity Income X GBPInc has generated negative risk-adjusted returns adding no value to fund investors.