CAC Next (France) Performance
| CN20 Index | 10,780 161.37 1.47% |
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 CAC Next are completely uncorrelated.
CAC Next Relative Risk vs. Return Landscape
If you would invest 1,112,867 in CAC Next 20 on September 21, 2024 and sell it today you would lose (34,872) from holding CAC Next 20 or give up 3.13% of portfolio value over 90 days. CAC Next 20 is generating negative expected returns and assumes 0.8212% volatility on return distribution over the 90 days horizon. Simply put, 7% of indexs are less volatile than CAC, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CAC Next Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CAC Next's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as CAC Next 20, and traders can use it to determine the average amount a CAC Next'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 = -0.0565
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CN20 |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CAC Next 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 CAC Next by adding CAC Next to a well-diversified portfolio.
| CAC Next 20 generated a negative expected return over the last 90 days |