The entity maintains market beta of 0.0162 which attests that as returns on market increase, Zacks Market returns are expected to increase less than the market. However during bear market, the loss on holding Zacks Market will be expected to be smaller as well. Even though it is essential to pay attention to Zacks Market Neutral historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Zacks Market Neutral exposes twenty-one different technical indicators which can help you to evaluate its performance.
|Horizon||30 Days Login to change|
Zacks Market Neutral Relative Risk vs. Return LandscapeIf you would invest 1,299 in Zacks Market Neutral Institutional on December 23, 2018 and sell it today you would lose (27.00) from holding Zacks Market Neutral Institutional or give up 2.08% of portfolio value over 30 days. Zacks Market Neutral Institutional is currently producing negative expected returns and takes up 0.2972% volatility of returns over 30 trading days. Put another way, 2% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Zacks Market Current Valuation
Zacks Market is not too risky asset. Zacks Market Neutral maintains prevalent Real Value of $12.73 per share. The last-minute price of the fund is $12.72. At this time the fund appears to be fairly valued. We determine the value of Zacks Market Neutral from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to purchase undervalued securities and to sell overvalued securities since at some point equities prices and their ongoing real values will grow together.
Zacks Market Market Risk Analysis
Sharpe Ratio = -0.1709
Zacks Market Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceOver the last 30 days Zacks Market Neutral Institutional has generated negative risk-adjusted returns adding no value to fund investors.
|Zacks Market Neutral generates negative expected return over the last 30 days|
|Fifty Two Week Low||12.59|
|Fifty Two Week High||13.56|
|Annual Report Expense Ratio||3.26%|