The company secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and MDN R15 are completely uncorrelated. Although it is extremely important to respect MDN-R15 price patterns, it is better to be realistic regarding the information on equity historical price patterns. The way of estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating MDN-R15 technical indicators you can today evaluate if the expected return of 0.0% will be sustainable into the future. MDN-R15 now secures a risk of 0.0%. Please verify MDN-R15 Jensen Alpha and the relationship between Value At Risk and Kurtosis to decide if MDN-R15 will be following its current price movements.
|Horizon||30 Days Login to change|
MDN-R15 Relative Risk vs. Return LandscapeIf you would invest 0.00 in MDN-R15 on February 22, 2019 and sell it today you would earn a total of 0.00 from holding MDN-R15 or generate 0.0% return on investment over 30 days. MDN-R15 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 MDN R15 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
MDN R15 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days MDN-R15 has generated negative risk-adjusted returns adding no value to investors with long positions.