The fund owns Beta (Systematic Risk) of -0.0844 which attests that as returns on market increase, returns on owning JM Gov are expected to decrease at a much smaller rate. During bear market, JM Gov is likely to outperform the market. Although it is extremely important to respect JM Gov Sec existing price patterns, it is better to be realistic regarding the information on equity price patterns. The way in which we are 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 inspecting JM Gov Sec technical indicators you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
JM Gov Sec Relative Risk vs. Return LandscapeIf you would invest 2,628 in JM Gov Sec Mn Div on January 24, 2019 and sell it today you would earn a total of 0.00 from holding JM Gov Sec Mn Div or generate 0.0% return on investment over 30 days. JM Gov Sec Mn Div 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 JM Gov and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
JM Gov Current Valuation
JM Gov is Unknown risk asset. JM Gov Sec latest Real Value cannot be determined due to lack of data. The recent price of JM Gov Sec is 26.28. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. We determine the value of JM Gov Sec from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to invest in undervalued equities and to sell overvalued equities since sooner or later instruments prices and their ongoing real values will blend.
JM Gov Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted Fund PerformanceOver the last 30 days JM Gov Sec Mn Div has generated negative risk-adjusted returns adding no value to fund investors.
|Fifty Two Week Low||24.7856|
|Fifty Two Week High||25.0187|