KODEX K (Korea) Performance
| 445290 Etf | 13,660 355.00 2.67% |
The etf secures a Beta (Market Risk) of -0.0427, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KODEX K are expected to decrease at a much lower rate. During the bear market, KODEX K is likely to outperform the market.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in KODEX K Robot Active are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, KODEX K may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
KODEX |
KODEX K Relative Risk vs. Return Landscape
If you would invest 1,259,000 in KODEX K Robot Active on October 12, 2024 and sell it today you would earn a total of 107,000 from holding KODEX K Robot Active or generate 8.5% return on investment over 90 days. KODEX K Robot Active is generating 0.1534% of daily returns and assumes 2.0256% volatility on return distribution over the 90 days horizon. Simply put, 18% of etfs are less volatile than KODEX, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
KODEX K Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KODEX K's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as KODEX K Robot Active, and traders can use it to determine the average amount a KODEX K'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 = 0.0757
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 445290 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average KODEX K is performing at about 5% 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 KODEX K by adding it to a well-diversified portfolio.