WBI TACTICAL (Germany) Performance

OVDD -- Germany ETF  

EUR 18.30  0.20  1.06%

The entity maintains market beta of -0.4106 which attests that as returns on market increase, returns on owning WBI TACTICAL are expected to decrease at a much smaller rate. During bear market, WBI TACTICAL is likely to outperform the market. Although it is extremely important to respect WBI TACTICAL SMY historical price patterns, it is better to be realistic regarding the information on equity current price history. The approach into 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 reviewing WBI TACTICAL SMY technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.

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. In spite of rather sound fundamental drivers, WBI TACTICAL is not utilizing all of its potentials. The ongoing stock price tumult, may contribute to shorter-term losses for the shareholders.
Horizon     30 Days    Login   to change

WBI TACTICAL SMY Relative Risk vs. Return Landscape

If you would invest  1,830  in WBI TACTICAL SMY on March 24, 2019 and sell it today you would earn a total of  0.00  from holding WBI TACTICAL SMY or generate 0.0% return on investment over 30 days. WBI TACTICAL SMY 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 WBI TACTICAL and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 

WBI TACTICAL Market Risk Analysis

Sharpe Ratio = 0.0
Good Returns
Average Returns
Small Returns
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.


Equity Alerts and Improvement Suggestions

WBI TACTICAL SMY is not yet fully synchronised with the market data
Additionally take a look at Your Equity Center. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
Search macroaxis.com