The fund secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Kames High are completely uncorrelated. Although it is extremely important to respect Kames High Yield price patterns
, it is better to be realistic regarding the information on equity historical price patterns
. The philosophy towards estimating 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 analyzing Kames High Yield technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Kames High Yield Relative Risk vs. Return Landscape
If you would invest 0.00
in Kames High Yield Global Bond L EUR Acc on November 17, 2018
and sell it today you would earn a total of 0.00
from holding Kames High Yield Global Bond L EUR Acc or generate 0.0%
return on investment over 30
days. Kames High Yield Global Bond L EUR 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 Kames High Yield Global Bond L EUR Acc and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Kames High Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Kames High is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Kames High
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days Kames High Yield Global Bond L EUR Acc has generated negative risk-adjusted returns adding no value to fund investors.
|Kames High Yield is not yet fully synchronised with the market data|
|Kames High Yield has some characteristics of a very speculative penny stock|
|The fund has annual holdings turnover of about 122.92% suggesting active trading|
|Kames High Yield Global Bond L EUR Acc retains roughly 41.54% of its assets under management (AUM) in cash|