The entity has beta of 0.0 which indicates the returns on MARKET and TASEGOVN are completely uncorrelated. Although it is extremely important to respect TASEGOVN current price movements, it is better to be realistic regarding the information on equity historical returns. The approach into measuring future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining TASEGOVN technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
TASEGOVN Relative Risk vs. Return LandscapeIf you would invest 0.00 in TASEGOVN on November 15, 2018 and sell it today you would earn a total of 0.00 from holding TASEGOVN or generate 0.0% return on investment over 30 days. TASEGOVN 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 TASEGOVN and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
TASEGOVN Market Risk Analysis
Sharpe Ratio = 0.0