WBI TACTICAL (Germany) Performance

OVDD -- Germany ETF  

EUR 17.76  0.044  0.25%

The entity maintains market beta of 0.1306 which attests that as returns on market increase, WBI TACTICAL returns are expected to increase less than the market. However during bear market, the loss on holding WBI TACTICAL will be expected to be smaller as well.. Even though it is essential to pay attention to WBI TACTICAL SMY historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis approach into determining future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. WBI TACTICAL SMY exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

WBI TACTICAL SMY Relative Risk vs. Return Landscape

If you would invest  1,843  in WBI TACTICAL SMY on November 15, 2018 and sell it today you would lose (67.20)  from holding WBI TACTICAL SMY or give up 3.65% of portfolio value over 30 days. WBI TACTICAL SMY is generating negative expected returns and assumes 1.6642% volatility on return distribution over the 30 days horizon. Simply put, 15% of equities are less volatile than WBI TACTICAL SMY and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, WBI TACTICAL SMY is expected to under-perform the market. In addition to that, the company is 1.3 times more volatile than its market benchmark. It trades about -0.36 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of volatility.

WBI TACTICAL Market Risk Analysis

Sharpe Ratio = -0.3637
Good Returns
Average Returns
Small Returns
Negative ReturnsOVDD

WBI TACTICAL Relative Performance Indicators

Estimated Market Risk
  actual daily
 15 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average WBI TACTICAL 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 WBI TACTICAL by adding it to a well-diversified portfolio.

WBI TACTICAL Performance Rating

WBI TACTICAL SMY Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days WBI TACTICAL SMY has generated negative risk-adjusted returns adding no value to investors with long positions.


Equity Alerts and Improvement Suggestions

WBI TACTICAL SMY is not yet fully synchronised with the market data
WBI TACTICAL SMY generates negative expected return over the last 30 days
Additionally take a look at Your Equity Center. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.
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