The entity owns Beta (Systematic Risk) of 0.0 which conveys that the returns on MARKET and M9010 78 are completely uncorrelated. Although it is extremely important to respect M9010-78 existing price patterns, it is better to be realistic regarding the information on equity price patterns. The way in which we are 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 analyzing M9010-78 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|
M9010-78 Relative Risk vs. Return LandscapeIf you would invest (100.00) in M9010-78 on February 24, 2019 and sell it today you would earn a total of 100.00 from holding M9010-78 or generate -100.0% return on investment over 30 days. M9010-78 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 M9010 78 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
M9010 78 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days M9010-78 has generated negative risk-adjusted returns adding no value to investors with long positions.