CoreShares TotalWldStock (South Africa) Performance
| GLOBAL Etf | 1,542 24.00 1.53% |
The etf shows a Beta (market volatility) of 0.096, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CoreShares TotalWldStock's returns are expected to increase less than the market. However, during the bear market, the loss of holding CoreShares TotalWldStock is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days CoreShares TotalWldStock ETF has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong fundamental drivers, CoreShares TotalWldStock is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
CoreShares |
CoreShares TotalWldStock Relative Risk vs. Return Landscape
If you would invest 158,900 in CoreShares TotalWldStock ETF on December 30, 2024 and sell it today you would lose (4,700) from holding CoreShares TotalWldStock ETF or give up 2.96% of portfolio value over 90 days. CoreShares TotalWldStock ETF is generating negative expected returns and assumes 0.7888% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than CoreShares, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CoreShares TotalWldStock Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CoreShares TotalWldStock's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CoreShares TotalWldStock ETF, and traders can use it to determine the average amount a CoreShares TotalWldStock'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 = -0.0556
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| Negative Returns | GLOBAL |
Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CoreShares TotalWldStock is not performing at its full potential. However, 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 CoreShares TotalWldStock by adding CoreShares TotalWldStock to a well-diversified portfolio.
| CoreShares TotalWldStock generated a negative expected return over the last 90 days |