KODEX Metaverse (Korea) Performance
| 411420 Etf | 13,400 10.00 0.07% |
The etf secures a Beta (Market Risk) of 0.0153, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KODEX Metaverse's returns are expected to increase less than the market. However, during the bear market, the loss of holding KODEX Metaverse is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days KODEX Metaverse Nasdaq 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 April 2025. The current disturbance may also be a sign of long term up-swing for the ETF investors. ...more
KODEX |
KODEX Metaverse Relative Risk vs. Return Landscape
If you would invest 1,587,007 in KODEX Metaverse Nasdaq on December 17, 2024 and sell it today you would lose (247,007) from holding KODEX Metaverse Nasdaq or give up 15.56% of portfolio value over 90 days. KODEX Metaverse Nasdaq is generating negative expected returns and assumes 1.5833% volatility on return distribution over the 90 days horizon. Simply put, 14% 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 |
| Risk |
KODEX Metaverse Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KODEX Metaverse's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as KODEX Metaverse Nasdaq, and traders can use it to determine the average amount a KODEX Metaverse'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 = -0.1793
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 411420 |
Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KODEX Metaverse 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 Metaverse by adding KODEX Metaverse to a well-diversified portfolio.
| KODEX Metaverse generated a negative expected return over the last 90 days |