The entity owns Beta (Systematic Risk) of 0.0 which indicates the returns on MARKET and TCCAC 86 are completely uncorrelated. Although it is extremely important to respect TCCAC-86 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 TCCAC-86 technical indicators you can today evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
TCCAC-86 Relative Risk vs. Return LandscapeIf you would invest 0.00 in TCCAC-86 on February 19, 2019 and sell it today you would earn a total of 0.00 from holding TCCAC-86 or generate 0.0% return on investment over 30 days. TCCAC-86 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 TCCAC 86 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
TCCAC 86 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days TCCAC-86 has generated negative risk-adjusted returns adding no value to investors with long positions.