KODEX KRX (Korea) Performance
| 404260 Etf | 9,410 55.00 0.58% |
The etf secures a Beta (Market Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KODEX KRX are expected to decrease at a much lower rate. During the bear market, KODEX KRX is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days KODEX KRX Climate has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Etf's basic indicators remain somewhat strong which may send shares a bit higher in February 2025. The current disturbance may also be a sign of long term up-swing for the ETF investors. ...more
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KODEX KRX Relative Risk vs. Return Landscape
If you would invest 1,092,000 in KODEX KRX Climate on October 12, 2024 and sell it today you would lose (151,000) from holding KODEX KRX Climate or give up 13.83% of portfolio value over 90 days. KODEX KRX Climate is generating negative expected returns and assumes 1.7103% volatility on return distribution over the 90 days horizon. Simply put, 15% of etfs are less volatile than KODEX, 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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KODEX KRX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KODEX KRX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as KODEX KRX Climate, and traders can use it to determine the average amount a KODEX KRX'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 = -0.134
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 404260 |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KODEX KRX 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 KODEX KRX by adding KODEX KRX to a well-diversified portfolio.
| KODEX KRX Climate generated a negative expected return over the last 90 days |