The fund retains Market Volatility (i.e. Beta) of 0.0668 which attests that as returns on market increase, Guinness Best returns are expected to increase less than the market. However during bear market, the loss on holding Guinness Best will be expected to be smaller as well.. Even though it is essential to pay attention to Guinness Best current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining 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. Guinness Best exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Guinness Best Relative Risk vs. Return LandscapeIf you would invest 1,145 in Guinness Best of China C EUR Acc on November 16, 2018 and sell it today you would lose (36.00) from holding Guinness Best of China C EUR Acc or give up 3.14% of portfolio value over 30 days. Guinness Best of China C EUR Acc is generating negative expected returns and assumes 1.6294% volatility on return distribution over the 30 days horizon. Simply put, 14% of equities are less volatile than Guinness Best of China C 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 (%)
Guinness Best Current Valuation
December 16, 2018
Guinness Best is Unknown risk asset. Guinness Best regular Real Value cannot be determined due to lack of data. The prevalent price of Guinness Best is 11.09. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Macroaxis essentially calculates value of Guinness Best from evaluating the entity technical indicators and 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 Best Market Risk Analysis
Sharpe Ratio = -0.482
Guinness Best Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days Guinness Best of China C EUR Acc has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||13.2511|
|Fifty Two Week High||14.7077|