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.
|Horizon||30 Days Login to change|
SP PowerPicks Portfolio Relative Risk vs. Return LandscapeIf you would invest (100.00) in SP PowerPicks Portfolio 2016 1 on January 18, 2019 and sell it today you would earn a total of 100.00 from holding SP PowerPicks Portfolio 2016 1 or generate -100.0% 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 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
Risk-Adjusted Fund PerformanceOver the last 30 days SP PowerPicks Portfolio 2016 1 has generated negative risk-adjusted returns adding no value to fund investors.