KIM KINDEX (Korea) Performance
| 219900 Etf | 3,320 5.00 0.15% |
The etf secures a Beta (Market Risk) of -0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KIM KINDEX are expected to decrease at a much lower rate. During the bear market, KIM KINDEX is likely to outperform the market.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in KIM KINDEX Synth China are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, KIM KINDEX sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
KIM |
KIM KINDEX Relative Risk vs. Return Landscape
If you would invest 222,000 in KIM KINDEX Synth China on September 24, 2024 and sell it today you would earn a total of 110,000 from holding KIM KINDEX Synth China or generate 49.55% return on investment over 90 days. KIM KINDEX Synth China is generating 0.7432% of daily returns and assumes 4.3758% volatility on return distribution over the 90 days horizon. Simply put, 38% of etfs are less volatile than KIM, and 86% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
KIM KINDEX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KIM KINDEX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as KIM KINDEX Synth China, and traders can use it to determine the average amount a KIM KINDEX'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 = 0.1698
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 219900 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.38 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average KIM KINDEX is performing at about 13% 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 KIM KINDEX by adding it to a well-diversified portfolio.
| KIM KINDEX Synth appears to be risky and price may revert if volatility continues |