|ISPPIX -- USA Fund|| |
USD 11.24 0.00 0.00%
The entity owns Beta (Systematic Risk) of 0.0 which indicates the returns on MARKET and SP PowerPicks are completely uncorrelated. Although it is extremely important to respect SP PowerPicks Portfolio
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The approach towards measuring 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 SP PowerPicks Portfolio technical indicators
you can at this time evaluate if the expected return of 0.0% will be sustainable into the future.
SP PowerPicks Portfolio Relative Risk vs. Return Landscape
If you would invest 1,124
in SP PowerPicks Portfolio 2016 1 on August 19, 2018
and sell it today you would earn a total of 0.00
from holding SP PowerPicks Portfolio 2016 1 or generate 0.0%
return on investment over 30
days. SP PowerPicks Portfolio 2016 1 is producing return of less than zero assuming 0.0% volatility of returns over the 30 days investment horizon. Simply put, 0% of all equities have less volatile historical return distribution than SP PowerPicks Portfolio 2016 1 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
SP PowerPicks Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average SP PowerPicks 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 SP PowerPicks
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days SP PowerPicks Portfolio 2016 1 has generated negative risk-adjusted returns adding no value to fund investors.