The etf holds Beta of 0.0119 which implies as returns on market increase, PSSP 201 returns are expected to increase less than the market. However during bear market, the loss on holding PSSP 201 will be expected to be smaller as well.. Although it is extremely important to respect PSSP-201 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-201 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-201 Relative Risk vs. Return LandscapeIf you would invest 145,700 in PSSP-201 on November 19, 2018 and sell it today you would earn a total of 0.00 from holding PSSP-201 or generate 0.0% return on investment over 30 days. PSSP-201 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-201 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
PSSP 201 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days PSSP-201 has generated negative risk-adjusted returns adding no value to investors with long positions.