The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Guinness Global are completely uncorrelated. Although it is extremely important to respect Guinness Global Inno 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 Global Inno technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Risk-Adjusted Fund PerformanceOver the last 30 days Guinness Global Innovators C USD ACC has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly strong basic indicators, Guinness Global is not utilizing all of its potentials. The prevalent stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||8.82|
|Fifty Two Week High||8.82|
|Annual Report Expense Ratio||1.99%|
|Horizon||30 Days Login to change|
Guinness Global Inno Relative Risk vs. Return LandscapeIf you would invest 1,056 in Guinness Global Innovators C USD ACC on June 16, 2019 and sell it today you would earn a total of 0.00 from holding Guinness Global Innovators C USD ACC or generate 0.0% return on investment over 30 days. Guinness Global Innovators C USD 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 Guinness Global and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Guinness Global Current Valuation
July 16, 2019
Guinness Global is very steady asset. Guinness Global Inno retains regular Real Value of $10.82 per share. The prevalent price of the fund is $10.56. At this time the entity appears to be undervalued. We determine the value of Guinness Global Inno 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.
Guinness Global Market Risk Analysis
Sharpe Ratio = 0.0