The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and HI Africa are completely uncorrelated. Although it is extremely important to respect HI Africa Opportunities existing price patterns, it is better to be realistic regarding the information on equity price patterns. The way in which we are 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 inspecting HI Africa Opportunities technical indicators you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
HI Africa Opportunities Relative Risk vs. Return LandscapeIf you would invest 10,341 in HI Africa Opportunities DM USD on January 19, 2019 and sell it today you would earn a total of 0.00 from holding HI Africa Opportunities DM USD or generate 0.0% return on investment over 30 days. HI Africa Opportunities DM USD 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 HI Africa and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
HI Africa Current Valuation
HI Africa is Unknown risk asset. HI Africa Opportunities latest Real Value cannot be determined due to lack of data. The recent price of HI Africa Opportunities is $0.0. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Macroaxis ideally calculates value of HI Africa Opportunities from inspecting the entity technical indicators and Probability Of Bankruptcy. In general, we encourage to invest in undervalued equities and to sell overvalued equities since sooner or later instruments prices and their ongoing real values will blend.
HI Africa Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days HI Africa Opportunities DM USD has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||103.0700|
|Fifty Two Week High||103.0700|