The etf holds Beta of 0.0 which implies the returns on MARKET and PSSP 185 are completely uncorrelated. Although it is extremely important to respect PSSP-185 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 PSSP-185 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|
PSSP-185 Relative Risk vs. Return LandscapeIf you would invest 0.00 in PSSP-185 on November 18, 2018 and sell it today you would earn a total of 0.00 from holding PSSP-185 or generate 0.0% return on investment over 30 days. PSSP-185 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 PSSP-185 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
PSSP 185 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days PSSP-185 has generated negative risk-adjusted returns adding no value to investors with long positions.