The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Hermes Multi are completely uncorrelated. Although it is extremely important to respect Hermes Multi Strategy 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 Hermes Multi Strategy technical indicators you can presently evaluate if the expected return of 0.1097% will be sustainable into the future.
|Horizon||30 Days Login to change|
Hermes Multi Strategy Relative Risk vs. Return LandscapeIf you would invest 228.00 in Hermes Multi Strategy Credit F USD Acc on December 20, 2018 and sell it today you would earn a total of 1.00 from holding Hermes Multi Strategy Credit F USD Acc or generate 0.44% return on investment over 30 days. Hermes Multi Strategy Credit F USD Acc is generating 0.1097% of daily returns and assumes 0.2193% volatility on return distribution over the 30 days horizon. Simply put, 1% of equities are less volatile than Hermes Multi and 98% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Hermes Multi Current Valuation
Hermes Multi is Unknown risk asset. Hermes Multi Strategy regular Real Value cannot be determined due to lack of data. The prevalent price of Hermes Multi Strategy is $2.29. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of Hermes Multi Strategy from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to acquire undervalued assets and to sell overvalued assets since at some point stocks prices and their ongoing real values will come together.
Hermes Multi Market Risk Analysis
Sharpe Ratio = 0.5
Hermes Multi Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in Hermes Multi Strategy Credit F USD Acc are ranked lower than 33 (%) of all funds and portfolios of funds over the last 30 days.
|Fifty Two Week Low||2.0072|
|Fifty Two Week High||2.0072|
|Annual Report Expense Ratio||0.74%|