PUF6 BE (Germany) Performance

PUF6 -- Germany ETF  

EUR 10.74  0.00  0.00%

The etf holds Beta of -0.0049 which implies as returns on market increase, returns on owning PUF6 BE are expected to decrease at a much smaller rate. During bear market, PUF6 BE is likely to outperform the market.. Even though it is essential to pay attention to PUF6 BE current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis approach towards forecasting future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. PUF6 BE exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

PUF6 BE Relative Risk vs. Return Landscape

If you would invest  1,079  in PUF6 BE on September 18, 2018 and sell it today you would lose (5.00)  from holding PUF6 BE or give up 0.46% of portfolio value over 30 days. PUF6 BE is generating negative expected returns and assumes 0.2675% volatility on return distribution over the 30 days horizon. Simply put, 2% of equities are less volatile than PUF6 BE and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, PUF6 BE is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 3.99 times less risky than the market. the firm trades about -0.58 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 of returns per unit of risk over similar time horizon.

PUF6 BE Market Risk Analysis

Sharpe Ratio = -0.5774
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PUF6 BE Relative Performance Indicators

Estimated Market Risk
 0.27
  actual daily
 
 98 %
of total potential
  
Expected Return
 -0.15
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.58
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average PUF6 BE is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PUF6 BE by adding it to a well-diversified portfolio.

PUF6 BE Performance Rating

PUF6 BE Risk Adjusted Performance Analysis

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Risk-Adjusted Performance

Over the last 30 days PUF6 BE has generated negative risk-adjusted returns adding no value to investors with long positions.

PUF6 BE Alerts

Equity Alerts and Improvement Suggestions

PUF6 BE is not yet fully synchronised with the market data
PUF6 BE generates negative expected return over the last 30 days
Additionally take a look at Your Equity Center. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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