The etf secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and KDJI 117 are completely uncorrelated. Although it is extremely important to respect KDJI-117 price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating 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 evaluating KDJI-117 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|
KDJI-117 Relative Risk vs. Return LandscapeIf you would invest (100.00) in KDJI-117 on February 17, 2019 and sell it today you would earn a total of 100.00 from holding KDJI-117 or generate -100.0% return on investment over 30 days. KDJI-117 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 KDJI 117 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
KDJI 117 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days KDJI-117 has generated negative risk-adjusted returns adding no value to investors with long positions.