Bucharest BET-NG (Romania) Performance
| BETNG Index | 1,262 0.87 0.07% |
The index shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Bucharest BET-NG are completely uncorrelated.
Bucharest BET-NG Relative Risk vs. Return Landscape
If you would invest 121,417 in Bucharest BET-NG on December 25, 2024 and sell it today you would earn a total of 4,737 from holding Bucharest BET-NG or generate 3.9% return on investment over 90 days. Bucharest BET-NG is generating 0.0878% of daily returns and assumes 0.7444% volatility on return distribution over the 90 days horizon. Simply put, 6% of indexs are less volatile than Bucharest, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bucharest BET-NG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bucharest BET-NG's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as Bucharest BET-NG, and traders can use it to determine the average amount a Bucharest BET-NG'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 = 0.118
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| Cash | BETNG | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Bucharest BET-NG is performing at about 9% 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 Bucharest BET-NG by adding it to a well-diversified portfolio.
| Bucharest BET-NG is not yet fully synchronised with the market data |