Betashares Wealth (Australia) Performance
| GNDQ Etf | 27.62 0.22 0.80% |
The etf shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Betashares Wealth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Betashares Wealth is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Betashares Wealth Builder are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Betashares Wealth unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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Betashares Wealth Relative Risk vs. Return Landscape
If you would invest 2,540 in Betashares Wealth Builder on September 4, 2024 and sell it today you would earn a total of 222.00 from holding Betashares Wealth Builder or generate 8.74% return on investment over 90 days. Betashares Wealth Builder is generating 0.2429% of daily returns and assumes 1.4313% volatility on return distribution over the 90 days horizon. Simply put, 12% of etfs are less volatile than Betashares, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Betashares Wealth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Betashares Wealth's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Betashares Wealth Builder, and traders can use it to determine the average amount a Betashares Wealth'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 = 0.1697
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Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Betashares Wealth is performing at about 13% 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 Betashares Wealth by adding it to a well-diversified portfolio.
About Betashares Wealth Performance
Assessing Betashares Wealth's fundamental ratios provides investors with valuable insights into Betashares Wealth's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Betashares Wealth is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Betashares Wealth is entity of Australia. It is traded as Etf on AU exchange.