Forstrong Global Growth Etf Performance

FGRW Etf   22.78  0.00  0.00%   
The etf shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Forstrong Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Forstrong Global is expected to be smaller as well.

Risk-Adjusted Performance

9 of 100

 
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Compared to the overall equity markets, risk-adjusted returns on investments in Forstrong Global Growth are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Forstrong Global is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
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Forstrong Global Asset Management Announces September 2024 Cash Distributions for the Forstrong ETFs - Yahoo Finance
09/20/2024
  

Forstrong Global Relative Risk vs. Return Landscape

If you would invest  2,176  in Forstrong Global Growth on September 6, 2024 and sell it today you would earn a total of  102.00  from holding Forstrong Global Growth or generate 4.69% return on investment over 90 days. Forstrong Global Growth is generating 0.0747% of daily returns and assumes 0.6454% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than Forstrong, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon Forstrong Global is expected to generate 2.36 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.14 times less risky than the market. It trades about 0.12 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.24 of returns per unit of risk over similar time horizon.

Forstrong Global Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Forstrong Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Forstrong Global Growth, and traders can use it to determine the average amount a Forstrong Global'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 = 0.1158

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Estimated Market Risk

 0.65
  actual daily
5
95% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Forstrong Global is performing at about 9% 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 Forstrong Global by adding it to a well-diversified portfolio.