Satrix Resi (South Africa) Performance
| STXRES Etf | 6,207 27.00 0.44% |
The entity has a beta of -0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Satrix Resi are expected to decrease at a much lower rate. During the bear market, Satrix Resi is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Satrix Resi ETF has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Satrix Resi is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Satrix |
Satrix Resi Relative Risk vs. Return Landscape
If you would invest 653,394 in Satrix Resi ETF on October 25, 2024 and sell it today you would lose (32,694) from holding Satrix Resi ETF or give up 5.0% of portfolio value over 90 days. Satrix Resi ETF is generating negative expected returns and assumes 1.7357% volatility on return distribution over the 90 days horizon. Simply put, 15% 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 Resi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Satrix Resi's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Satrix Resi ETF, and traders can use it to determine the average amount a Satrix Resi'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 = -0.0407
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| Negative Returns | STXRES |
Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Satrix Resi 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 Satrix Resi by adding Satrix Resi to a well-diversified portfolio.
| Satrix Resi ETF generated a negative expected return over the last 90 days |