456680 (Korea) Performance
| 456680 Etf | 6,085 115.00 1.85% |
The entity owns a Beta (Systematic Risk) of -0.0623, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 456680 are expected to decrease at a much lower rate. During the bear market, 456680 is likely to outperform the market.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in 456680 are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, 456680 sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
456680 |
456680 Relative Risk vs. Return Landscape
If you would invest 370,500 in 456680 on September 24, 2024 and sell it today you would earn a total of 238,000 from holding 456680 or generate 64.24% return on investment over 90 days. 456680 is generating 0.9272% of daily returns and assumes 5.0934% volatility on return distribution over the 90 days horizon. Simply put, 45% of etfs are less volatile than 456680, and 82% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
456680 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 456680's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 456680, and traders can use it to determine the average amount a 456680'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 = 0.182
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Estimated Market Risk
| 5.09 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average 456680 is performing at about 14% 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 456680 by adding it to a well-diversified portfolio.