VanEck Hydrogen (Switzerland) Performance
| HDRO Etf | 4.56 0.18 4.11% |
The entity has a beta of 0.3, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VanEck Hydrogen's returns are expected to increase less than the market. However, during the bear market, the loss of holding VanEck Hydrogen is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days VanEck Hydrogen Economy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Etf's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the fund sophisticated investors. ...more
VanEck |
VanEck Hydrogen Relative Risk vs. Return Landscape
If you would invest 515.00 in VanEck Hydrogen Economy on December 14, 2024 and sell it today you would lose (59.00) from holding VanEck Hydrogen Economy or give up 11.46% of portfolio value over 90 days. VanEck Hydrogen Economy is generating negative expected returns and assumes 1.8788% volatility on return distribution over the 90 days horizon. Simply put, 16% of etfs are less volatile than VanEck, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
VanEck Hydrogen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Hydrogen's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Hydrogen Economy, and traders can use it to determine the average amount a VanEck Hydrogen'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 = -0.1022
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HDRO |
Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VanEck Hydrogen 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 VanEck Hydrogen by adding VanEck Hydrogen to a well-diversified portfolio.
| VanEck Hydrogen generated a negative expected return over the last 90 days |