The etf retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and INDSR 52 are completely uncorrelated. Although it is extremely important to respect INDSR-52 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 etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining INDSR-52 technical indicators you can today evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
INDSR-52 Relative Risk vs. Return LandscapeIf you would invest 0.00 in INDSR-52 on February 22, 2019 and sell it today you would earn a total of 0.00 from holding INDSR-52 or generate 0.0% return on investment over 30 days. INDSR-52 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 INDSR 52 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
INDSR 52 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days INDSR-52 has generated negative risk-adjusted returns adding no value to investors with long positions.