The entity has beta of 0.0229 which indicates as returns on market increase, TwentyFour Corporate returns are expected to increase less than the market. However during bear market, the loss on holding TwentyFour Corporate will be expected to be smaller as well.. Although it is extremely important to respect TwentyFour Corporate current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring 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 inspecting TwentyFour Corporate technical indicators you can presently evaluate if the expected return of 0.1524% will be sustainable into the future.
|Horizon||30 Days Login to change|
TwentyFour Corporate Relative Risk vs. Return LandscapeIf you would invest 1,137,100 in TwentyFour Corporate Bond I Acc hdg on November 18, 2018 and sell it today you would earn a total of 5,200 from holding TwentyFour Corporate Bond I Acc hdg or generate 0.46% return on investment over 30 days. TwentyFour Corporate Bond I Acc hdg is generating 0.1524% of daily returns and assumes 0.264% volatility on return distribution over the 30 days horizon. Simply put, 2% of equities are less volatile than TwentyFour Corporate Bond I Acc hdg and 98% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
TwentyFour Corporate Current Valuation
December 18, 2018
TwentyFour Corporate is Unknown risk asset. TwentyFour Corporate current Real Value cannot be determined due to lack of data. The regular price of TwentyFour Corporate is p;11423.0. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of TwentyFour Corporate from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.
TwentyFour Corporate Market Risk Analysis
Sharpe Ratio = 0.5774
TwentyFour Corporate Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in TwentyFour Corporate Bond I Acc hdg are ranked lower than 38 (%) of all funds and portfolios of funds over the last 30 days.