Expat Slovakia (Germany) Performance
| SK9A Etf | 0.53 0.01 1.85% |
The etf shows a Beta (market volatility) of -0.0064, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Expat Slovakia are expected to decrease at a much lower rate. During the bear market, Expat Slovakia is likely to outperform the market.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Expat Slovakia Sax are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, Expat Slovakia is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Expat |
Expat Slovakia Relative Risk vs. Return Landscape
If you would invest 51.00 in Expat Slovakia Sax on September 16, 2024 and sell it today you would earn a total of 2.00 from holding Expat Slovakia Sax or generate 3.92% return on investment over 90 days. Expat Slovakia Sax is generating 0.0637% of daily returns and assumes 1.0513% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than Expat, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Expat Slovakia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Expat Slovakia's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Expat Slovakia Sax, and traders can use it to determine the average amount a Expat Slovakia'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 = 0.0606
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Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Expat Slovakia is performing at about 4% 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 Expat Slovakia by adding it to a well-diversified portfolio.
| Expat Slovakia Sax has some characteristics of a very speculative penny stock |