Satrix Indi (South Africa) Performance
| STXIND Etf | 12,086 148.00 1.24% |
The entity has a beta of -0.0293, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Satrix Indi are expected to decrease at a much lower rate. During the bear market, Satrix Indi is likely to outperform the market.
Risk-Adjusted Performance
15 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in Satrix Indi ETF are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak forward indicators, Satrix Indi may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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Satrix Indi Relative Risk vs. Return Landscape
If you would invest 1,092,215 in Satrix Indi ETF on September 15, 2024 and sell it today you would earn a total of 116,385 from holding Satrix Indi ETF or generate 10.66% return on investment over 90 days. Satrix Indi ETF is generating 0.159% of daily returns and assumes 0.8013% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than Satrix, and 97% 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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Satrix Indi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Satrix Indi's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Satrix Indi ETF, and traders can use it to determine the average amount a Satrix Indi'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 = 0.1985
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Satrix Indi is performing at about 15% 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 Satrix Indi by adding it to a well-diversified portfolio.