The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and IMEUA are completely uncorrelated. Although it is extremely important to respect IMEUA
current price history, it is better to be realistic regarding the information on equity current price movements. The approach to 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 examining IMEUA technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.
IMEUA Relative Risk vs. Return Landscape
If you would invest 0.00
in IMEUA on July 18, 2018
and sell it today you would earn a total of 0.00
from holding IMEUA or generate 0.0%
return on investment over 30
days. IMEUA 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 IMEUA and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
IMEUA Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average IMEUA 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 IMEUA
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days IMEUA has generated negative risk-adjusted returns adding no value to fund investors.