The entity has beta of 0.0 which indicates the returns on MARKET and TCS60 68 are completely uncorrelated. Although it is extremely important to respect TCS60-68
current price movements, it is better to be realistic regarding the information on equity historical returns. The approach into 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 examining TCS60-68 technical indicators
you can now evaluate if the expected return of 0.0% will be sustainable into the future.
TCS60-68 Relative Risk vs. Return Landscape
If you would invest 0.00
in TCS60-68 on September 20, 2018
and sell it today you would earn a total of 0.00
from holding TCS60-68 or generate 0.0%
return on investment over 30
days. TCS60-68 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 TCS60-68 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
TCS60 68 Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average TCS60 68 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 TCS60 68
by adding it to a well-diversified
Over the last 30 days TCS60-68 has generated negative risk-adjusted returns adding no value to investors with long positions.
|TCS60-68 is not yet fully synchronised with the market data|
|TCS60-68 has some characteristics of a very speculative penny stock|