The entity has beta of 0.0 which indicates the returns on MARKET and SQSTI6 are completely uncorrelated. Although it is extremely important to respect SQSTI6 current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating SQSTI6 technical indicators you can currently evaluate if the expected return of 0.0% will be sustainable into the future. SQSTI6 presently has a risk of 0.0%. Please validate SQSTI6 Jensen Alpha and Downside Variance to decide if SQSTI6 will be following its existing price patterns.
|Horizon||30 Days Login to change|
SQSTI6 Relative Risk vs. Return LandscapeIf you would invest 0.00 in SQSTI6 on December 21, 2018 and sell it today you would earn a total of 0.00 from holding SQSTI6 or generate 0.0% return on investment over 30 days. SQSTI6 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 SQSTI6 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
SQSTI6 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days SQSTI6 has generated negative risk-adjusted returns adding no value to investors with long positions.