Satrix Indi (South Africa) Performance
| STXIND Etf | 12,259 4.00 0.03% |
The entity has a beta of 0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Satrix Indi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Satrix Indi is expected to be smaller as well.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Satrix Indi ETF are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong forward indicators, Satrix Indi is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Satrix |
Satrix Indi Relative Risk vs. Return Landscape
If you would invest 1,174,592 in Satrix Indi ETF on December 19, 2024 and sell it today you would earn a total of 51,308 from holding Satrix Indi ETF or generate 4.37% return on investment over 90 days. Satrix Indi ETF is generating 0.0742% of daily returns and assumes 0.9079% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than Satrix, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Satrix Indi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Satrix Indi's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Satrix Indi ETF, and traders can use it to determine the average amount a Satrix Indi'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 = 0.0817
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | STXIND | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Satrix Indi is performing at about 6% 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 Satrix Indi by adding it to a well-diversified portfolio.