Us Dollar Currency Index Performance
| DXY Index | 108.92 0.47 0.43% |
The entity owns a Beta (Systematic Risk) of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and US Dollar are completely uncorrelated.
US Dollar Relative Risk vs. Return Landscape
If you would invest 10,254 in US Dollar Currency on October 6, 2024 and sell it today you would earn a total of 638.00 from holding US Dollar Currency or generate 6.22% return on investment over 90 days. US Dollar Currency is generating 0.0952% of daily returns and assumes 0.4158% volatility on return distribution over the 90 days horizon. Simply put, 3% of indexs are less volatile than DXY, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
US Dollar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for US Dollar's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as US Dollar Currency, and traders can use it to determine the average amount a US Dollar'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 = 0.229
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| Cash | DXY | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average US Dollar is performing at about 18% 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 US Dollar by adding it to a well-diversified portfolio.