AFRICAN DOMESTIC (Mauritius) Performance
| ADBF Etf | 6.36 0.00 0.00% |
The etf shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AFRICAN DOMESTIC's returns are expected to increase less than the market. However, during the bear market, the loss of holding AFRICAN DOMESTIC is expected to be smaller as well.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in AFRICAN DOMESTIC BOND are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak technical and fundamental indicators, AFRICAN DOMESTIC may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
AFRICAN |
AFRICAN DOMESTIC Relative Risk vs. Return Landscape
If you would invest 616.00 in AFRICAN DOMESTIC BOND on December 25, 2024 and sell it today you would earn a total of 20.00 from holding AFRICAN DOMESTIC BOND or generate 3.25% return on investment over 90 days. AFRICAN DOMESTIC BOND is generating 0.1047% of daily returns and assumes 3.1746% volatility on return distribution over the 90 days horizon. Simply put, 28% of etfs are less volatile than AFRICAN, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
AFRICAN DOMESTIC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AFRICAN DOMESTIC's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as AFRICAN DOMESTIC BOND, and traders can use it to determine the average amount a AFRICAN DOMESTIC'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 = 0.033
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| Cash | Small Risk | ADBF | High Risk | Huge Risk |
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Estimated Market Risk
| 3.17 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.1 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average AFRICAN DOMESTIC is performing at about 2% 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 AFRICAN DOMESTIC by adding it to a well-diversified portfolio.
| AFRICAN DOMESTIC had very high historical volatility over the last 90 days |