The etf secures Beta (Market Risk) of 0.0772 which conveys that as returns on market increase, KSPT 121 returns are expected to increase less than the market. However during bear market, the loss on holding KSPT 121 will be expected to be smaller as well.. Although it is extremely important to respect KSPT-121 price patterns, it is better to be realistic regarding the information on equity historical price patterns. The approach 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 inspecting KSPT-121 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|
KSPT-121 Relative Risk vs. Return LandscapeIf you would invest 86,040 in KSPT-121 on November 19, 2018 and sell it today you would earn a total of 0.00 from holding KSPT-121 or generate 0.0% return on investment over 30 days. KSPT-121 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 KSPT-121 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
KSPT 121 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days KSPT-121 has generated negative risk-adjusted returns adding no value to investors with long positions.