The entity owns Beta (Systematic Risk) of 0.0 which indicates the returns on MARKET and SHA5PSAGOT BAS are completely uncorrelated. Although it is extremely important to respect SHA5PSAGOT BAS S16 existing price patterns, it is better to be realistic regarding the information on equity price patterns. The philosophy towards measuring 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 evaluating SHA5PSAGOT BAS S16 technical indicators you can today evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
SHA5PSAGOT BAS S16 Relative Risk vs. Return LandscapeIf you would invest 587,672 in SHA5PSAGOT BAS S16 on February 22, 2019 and sell it today you would earn a total of 0.00 from holding SHA5PSAGOT BAS S16 or generate 0.0% return on investment over 30 days. SHA5PSAGOT BAS S16 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 SHA5PSAGOT BAS and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
SHA5PSAGOT BAS Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days SHA5PSAGOT BAS S16 has generated negative risk-adjusted returns adding no value to investors with long positions.