The etf holds Beta of 2.0E-4 which implies as returns on market increase, PSSHR 14 returns are expected to increase less than the market. However during bear market, the loss on holding PSSHR 14 will be expected to be smaller as well.. Although it is extremely important to respect PSSHR-14 current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting 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 PSSHR-14 technical indicators you can currently evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
PSSHR-14 Relative Risk vs. Return LandscapeIf you would invest 312,640 in PSSHR-14 on November 19, 2018 and sell it today you would earn a total of 0.00 from holding PSSHR-14 or generate 0.0% return on investment over 30 days. PSSHR-14 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 PSSHR-14 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
PSSHR 14 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days PSSHR-14 has generated negative risk-adjusted returns adding no value to investors with long positions.