KIM KINDEX (Korea) Performance
| 245710 Etf | 21,390 210.00 0.99% |
The etf secures a Beta (Market Risk) of 0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KIM KINDEX's returns are expected to increase less than the market. However, during the bear market, the loss of holding KIM KINDEX is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in KIM KINDEX Vietnam are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, KIM KINDEX is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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KIM KINDEX Relative Risk vs. Return Landscape
If you would invest 2,041,500 in KIM KINDEX Vietnam on September 24, 2024 and sell it today you would earn a total of 97,500 from holding KIM KINDEX Vietnam or generate 4.78% return on investment over 90 days. KIM KINDEX Vietnam is generating 0.077% of daily returns and assumes 0.7724% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than KIM, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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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 Vietnam, 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 = 0.0997
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| Cash | 245710 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average KIM KINDEX is performing at about 7% 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.