The entity owns Beta (Systematic Risk) of 0.0 which indicates the returns on MARKET and TCBCF 17 are completely uncorrelated. Although it is extremely important to respect TCBCF-17
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The way of measuring 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 evaluating TCBCF-17 technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.
TCBCF-17 Relative Risk vs. Return Landscape
If you would invest 0.00
in TCBCF-17 on September 21, 2018
and sell it today you would earn a total of 0.00
from holding TCBCF-17 or generate 0.0%
return on investment over 30
days. TCBCF-17 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 TCBCF-17 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
TCBCF 17 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average TCBCF 17 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 TCBCF 17
by adding it to a well-diversified
Over the last 30 days TCBCF-17 has generated negative risk-adjusted returns adding no value to investors with long positions.
|TCBCF-17 is not yet fully synchronised with the market data|
|TCBCF-17 has some characteristics of a very speculative penny stock|
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. Please also try Focused Opportunities
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