The etf secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and KSDJ 175 are completely uncorrelated. Although it is extremely important to respect KSDJ-175 price patterns, it is better to be realistic regarding the information on equity historical price patterns. The way of 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 inspecting KSDJ-175 technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
KSDJ-175 Relative Risk vs. Return LandscapeIf you would invest 0.00 in KSDJ-175 on November 15, 2018 and sell it today you would earn a total of 0.00 from holding KSDJ-175 or generate 0.0% return on investment over 30 days. KSDJ-175 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 KSDJ-175 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
KSDJ 175 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days KSDJ-175 has generated negative risk-adjusted returns adding no value to investors with long positions.