The entity owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and 30 Day are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days 30 Day Fed has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, 30 Day is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
ZQUSD
30 Day Relative Risk vs. Return Landscape
If you would invest 9,568 in 30 Day Fed on December 20, 2024 and sell it today you would earn a total of 0.00 from holding 30 Day Fed or generate 0.0% return on investment over 90 days. 30 Day Fed is currently producing negative expected returns and takes up 0.008% volatility of returns over 90 trading days. Put another way, 0% of traded commoditys are less volatile than ZQUSD, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
Expected Return
Risk
Assuming the 90 days horizon 30 Day is not expected to generate positive returns. However, the company is 106.5 times less risky than the market. It waists most of its returns potential to compensate for thr risk taken. The Dow Jones is generating roughly -0.04 per unit of risk.
30 Day Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 30 Day's investment risk. Standard deviation is the most common way to measure market volatility of commoditys, such as 30 Day Fed, and traders can use it to determine the average amount a 30 Day's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 2.0E-4
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ZQUSD
Based on monthly moving average 30 Day is not performing at its full potential. However, 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 30 Day by adding 30 Day to a well-diversified portfolio.
30 Day Fed generated a negative expected return over the last 90 days