The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Build America are completely uncorrelated. Although it is extremely important to respect Build America Bonds
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing Build America Bonds technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days Build America Bonds Income Trus has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly strong basic indicators, Build America is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Build America Bonds Relative Risk vs. Return Landscape
If you would invest (100.00)
in Build America Bonds Income Trus on September 23, 2019
and sell it today you would earn a total of 100.00
from holding Build America Bonds Income Trus or generate -100.0%
return on investment over 30
days. Build America Bonds Income Trus is producing return of less than zero assuming 0.0% volatility of returns over the 30 days investment horizon. Simply put, 0% of all equities have less volatile historical return distribution than Build America and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Build America Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Build America 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 Build America
by adding it to a well-diversified