The entity has beta of 0.0012 which indicates as returns on market increase, TLTGL 30 returns are expected to increase less than the market. However during bear market, the loss on holding TLTGL 30 will be expected to be smaller as well.. Although it is extremely important to respect TLTGL-30 current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards 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 TLTGL-30 technical indicators you can currently evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
TLTGL-30 Relative Risk vs. Return LandscapeIf you would invest 277,291 in TLTGL-30 on November 16, 2018 and sell it today you would earn a total of 0.00 from holding TLTGL-30 or generate 0.0% return on investment over 30 days. TLTGL-30 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 TLTGL-30 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
TLTGL 30 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days TLTGL-30 has generated negative risk-adjusted returns adding no value to investors with long positions.