The fund holds Beta of -0.3419 which implies as returns on market increase, returns on owning Old Mutual are expected to decrease at a much smaller rate. During bear market, Old Mutual is likely to outperform the market.. Even though it is essential to pay attention to Old Mutual Eurp current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Old Mutual Eurp exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Old Mutual Eurp Relative Risk vs. Return LandscapeIf you would invest 1,151 in Old Mutual Eurp Ex UK Smlr Coms U1 Acc on November 14, 2018 and sell it today you would lose (84.00) from holding Old Mutual Eurp Ex UK Smlr Coms U1 Acc or give up 7.3% of portfolio value over 30 days. Old Mutual Eurp Ex UK Smlr Coms U1 Acc is generating negative expected returns and assumes 4.2135% volatility on return distribution over the 30 days horizon. Simply put, 38% of equities are less volatile than Old Mutual Eurp Ex UK Smlr Coms U1 Acc and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Old Mutual Current Valuation
December 14, 2018
Old Mutual is Unknown risk asset. Old Mutual Eurp recent Real Value cannot be determined due to lack of data. The prevailing price of Old Mutual Eurp is $10.67. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Old Mutual Eurp 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.
Old Mutual Market Risk Analysis
Sharpe Ratio = -0.5774
Old Mutual Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days Old Mutual Eurp Ex UK Smlr Coms U1 Acc has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||9.7650|
|Fifty Two Week High||9.7650|