EN EXPAND (Norway) Performance

OAAXP
  

 27.78  0.56  1.98%   

The index owns a Beta (Systematic Risk) of 0.0, which means not very significant fluctuations relative to the market. Let's try to break down what OAAXP's beta means in this case. the returns on MARKET and EN EXPAND are completely uncorrelated. Even though it is essential to pay attention to EN EXPAND ALL existing price patterns, it is always good to be careful when utilizing equity price patterns. Our way in which we are predicting any index's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. EN EXPAND exposes twenty-eight different technical indicators, which can help you to evaluate its performance.

EN EXPAND Relative Risk vs. Return Landscape

If you would invest  3,368  in EN EXPAND ALL S on June 30, 2022 and sell it today you would lose (590.00)  from holding EN EXPAND ALL S or give up 17.52% of portfolio value over 90 days. EN EXPAND ALL S is generating negative expected returns and assumes 2.5977% volatility on return distribution over the 90 days horizon. Simply put, 22% of indexs are less volatile than OAAXP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days trading horizon EN EXPAND is expected to under-perform the market. In addition to that, the company is 2.36 times more volatile than its market benchmark. It trades about -0.14 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.07 per unit of volatility.

EN EXPAND Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for EN EXPAND's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as EN EXPAND ALL S, and traders can use it to determine the average amount a EN EXPAND'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 = -0.1381

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Negative ReturnsOAAXP
Estimated Market Risk
 2.6
  actual daily
 
 22 %
of total potential
 
2222
Expected Return
 -0.36
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.14
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average EN EXPAND 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 EN EXPAND by adding it to a well-diversified portfolio.

Things to note about EN EXPAND ALL

Checking the ongoing alerts about EN EXPAND for important developments is a great way to find new opportunities for your next move. Index alerts and notifications screener for EN EXPAND ALL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

EN EXPAND Alerts

Equity Alerts and Improvement Suggestions

EN EXPAND ALL generated a negative expected return over the last 90 days
Check out Your Equity Center. You can also try CEO Directory module to screen CEOs from public companies around the world.

Other Tools for OAAXP Index

When running EN EXPAND ALL price analysis, check to measure EN EXPAND's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EN EXPAND is operating at the current time. Most of EN EXPAND's value examination focuses on studying past and present price action to predict the probability of EN EXPAND's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move EN EXPAND's price. Additionally, you may evaluate how the addition of EN EXPAND to your portfolios can decrease your overall portfolio volatility.
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