The corporation secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NCOPPER BZ are completely uncorrelated. Although it is extremely important to respect NCOPPER-BZ 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 NCOPPER-BZ technical indicators you can today evaluate if the expected return of 0.0% will be sustainable into the future. NCOPPER-BZ now secures a risk of 0.0%. Please verify NCOPPER-BZ Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if NCOPPER-BZ will be following its current price movements.
Over the last 30 days NCOPPER-BZ has generated negative risk-adjusted returns adding no value to investors with long positions. In defiance of relatively invariable forward-looking signals, NCOPPER BZ is not utilizing all of its potentials. The current stock price agitation, may contribute to short term losses for the management.
|Horizon||30 Days Login to change|
NCOPPER-BZ Relative Risk vs. Return LandscapeIf you would invest 0.00 in NCOPPER-BZ on June 21, 2019 and sell it today you would earn a total of 0.00 from holding NCOPPER-BZ or generate 0.0% return on investment over 30 days. NCOPPER-BZ 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 NCOPPER BZ and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
NCOPPER BZ Market Risk Analysis
Sharpe Ratio = 0.0