The entity maintains market beta of 0.1818 which attests that as returns on market increase, WBI SMID returns are expected to increase less than the market. However during bear market, the loss on holding WBI SMID will be expected to be smaller as well.. Even though it is essential to pay attention to WBI SMID TACTICAL 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 SMID TACTICAL exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
WBI SMID TACTICAL Relative Risk vs. Return LandscapeIf you would invest 1,813 in WBI SMID TACTICAL YIELD on November 13, 2018 and sell it today you would lose (59.00) from holding WBI SMID TACTICAL YIELD or give up 3.25% of portfolio value over 30 days. WBI SMID TACTICAL YIELD is generating negative expected returns and assumes 3.2658% volatility on return distribution over the 30 days horizon. Simply put, 29% of equities are less volatile than WBI SMID TACTICAL YIELD and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
WBI SMID Market Risk Analysis
Sharpe Ratio = -0.1884
WBI SMID Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted PerformanceOver the last 30 days WBI SMID TACTICAL YIELD has generated negative risk-adjusted returns adding no value to investors with long positions.