The entity owns Beta (Systematic Risk) of 0.0 which indicates the returns on MARKET and S600Z are completely uncorrelated. Although it is extremely important to respect S600Z
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The way of measuring future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By examining S600Z technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days S600Z has generated negative risk-adjusted returns adding no value to fund investors. Despite nearly stable fundamental indicators, S600Z is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholder.
S600Z Relative Risk vs. Return Landscape
If you would invest (100.00)
in S600Z on May 19, 2019
and sell it today you would earn a total of 100.00
from holding S600Z or generate -100.0%
return on investment over 30
days. S600Z 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 S600Z and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
S600Z Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average S600Z 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 S600Z
by adding it to a well-diversified