159005 (China) Performance
| 159005 Etf | 100.00 0.00 0.00% |
The entity owns a Beta (Systematic Risk) of 0.0034, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 159005's returns are expected to increase less than the market. However, during the bear market, the loss of holding 159005 is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in 159005 are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, 159005 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
159005 |
159005 Relative Risk vs. Return Landscape
If you would invest 9,961 in 159005 on August 29, 2024 and sell it today you would earn a total of 39.00 from holding 159005 or generate 0.39% return on investment over 90 days. 159005 is generating 0.0069% of daily returns and assumes 0.0303% volatility on return distribution over the 90 days horizon. Simply put, 0% of etfs are less volatile than 159005, and 99% 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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159005 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 159005's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 159005, and traders can use it to determine the average amount a 159005'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 = 0.2267
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Based on monthly moving average 159005 is performing at about 17% 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 159005 by adding it to a well-diversified portfolio.