The etf retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and GLIL51PSG IND are completely uncorrelated. Although it is extremely important to respect GLIL51PSG IND S3
current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining 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 examining GLIL51PSG IND S3 technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.
GLIL51PSG IND S3 Relative Risk vs. Return Landscape
If you would invest 0.00
in GLIL51PSG IND S3 on November 9, 2018
and sell it today you would earn a total of 0.00
from holding GLIL51PSG IND S3 or generate 0.0%
return on investment over 30
days. GLIL51PSG IND S3 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 GLIL51PSG IND S3 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
GLIL51PSG IND Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average GLIL51PSG IND is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GLIL51PSG IND
by adding it to a well-diversified
Over the last 30 days GLIL51PSG IND S3 has generated negative risk-adjusted returns adding no value to investors with long positions.
|GLIL51PSG IND S3 is not yet fully synchronised with the market data|
|GLIL51PSG IND S3 has some characteristics of a very speculative penny stock|