CTBC Enhanced (Taiwan) Performance
| 00948B Etf | 10.01 0.05 0.50% |
The etf owns a Beta (Systematic Risk) of -0.0374, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CTBC Enhanced are expected to decrease at a much lower rate. During the bear market, CTBC Enhanced is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days CTBC Enhanced Yield has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, CTBC Enhanced is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
CTBC |
CTBC Enhanced Relative Risk vs. Return Landscape
If you would invest 1,002 in CTBC Enhanced Yield on December 14, 2024 and sell it today you would lose (1.00) from holding CTBC Enhanced Yield or give up 0.1% of portfolio value over 90 days. CTBC Enhanced Yield is generating negative expected returns and assumes 0.5828% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than CTBC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CTBC Enhanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CTBC Enhanced's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CTBC Enhanced Yield, and traders can use it to determine the average amount a CTBC Enhanced'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 = -3.0E-4
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00948B |
Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CTBC Enhanced 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 CTBC Enhanced by adding CTBC Enhanced to a well-diversified portfolio.
| CTBC Enhanced Yield generated a negative expected return over the last 90 days |