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 LandscapeIf 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 (%)
WBI TACTICAL Market Risk Analysis
Sharpe Ratio = -0.3637
WBI TACTICAL Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted PerformanceOver the last 30 days WBI TACTICAL SMY has generated negative risk-adjusted returns adding no value to investors with long positions.