CROBEX (Croatia) Performance
| CRBEX Index | 3,162 2.97 0.09% |
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 CROBEX are completely uncorrelated.
CROBEX Relative Risk vs. Return Landscape
If you would invest 294,209 in CROBEX on September 1, 2024 and sell it today you would earn a total of 21,955 from holding CROBEX or generate 7.46% return on investment over 90 days. CROBEX is generating 0.115% of daily returns and assumes 0.3679% volatility on return distribution over the 90 days horizon. Simply put, 3% of indexs are less volatile than CROBEX, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CROBEX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CROBEX's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as CROBEX, and traders can use it to determine the average amount a CROBEX'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 = 0.3125
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| Cash | CRBEX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average CROBEX is performing at about 24% 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 CROBEX by adding it to a well-diversified portfolio.