PETRONE WORLDWIDE holds performance score of 8 on a scale of zero to a hundred. The organization holds Beta of 0.0156 which implies as returns on market increase, PETRONE WORLDWIDE returns are expected to increase less than the market. However during bear market, the loss on holding PETRONE WORLDWIDE will be expected to be smaller as well. Although it is essential to pay attention to PETRONE WORLDWIDE INC
current trending patterns, it is also good to be reasonable about what you can actually do with equity existing price patterns
. Macroaxis approach into forecasting future performance of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators
. To evaluate if PETRONE WORLDWIDE INC expected return of 15.85 will be sustainable into the future, we have found twenty-one different technical indicators
which can help you to check if the expected returns are sustainable. Use PETRONE WORLDWIDE Jensen Alpha
and Downside Variance
to analyze future returns on PETRONE WORLDWIDE.
Compared to the overall equity markets, risk-adjusted returns on investments in PETRONE WORLDWIDE INC are ranked lower than 8 (%) of all global equities and portfolios over the last 30 days. Inspite very weak forward-looking indicators, PETRONE WORLDWIDE displayed solid returns over the last few months and may actually be approaching a breakup point.
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