WBI SMID (Germany) Performance

OVDD -- Germany ETF  

EUR 16.59  0.64  3.71%

The entity maintains market beta of -0.4291 which attests that as returns on market increase, returns on owning WBI SMID are expected to decrease at a much smaller rate. During bear market, WBI SMID is likely to outperform the market. Although it is extremely important to respect WBI SMID TACTICAL 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 SMID TACTICAL 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 SMID TACTICAL YIELD has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively unchanging essential indicators, WBI SMID is not utilizing all of its potentials. The ongoing stock price uproar, may contribute to short-term losses for the leadership.
Horizon     30 Days    Login   to change

WBI SMID TACTICAL Relative Risk vs. Return Landscape

If you would invest  1,659  in WBI SMID TACTICAL YIELD on March 27, 2019 and sell it today you would earn a total of  0.00  from holding WBI SMID TACTICAL YIELD or generate 0.0% return on investment over 30 days. WBI SMID TACTICAL YIELD 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 SMID and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
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WBI SMID Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average WBI SMID 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 SMID by adding it to a well-diversified portfolio.


Equity Alerts and Improvement Suggestions

WBI SMID TACTICAL is not yet fully synchronised with the market data
Additionally take a look at Your Equity Center. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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