ACE Solactive (Korea) Performance
| 446770 Etf | 23,800 150.00 0.63% |
The entity shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ACE Solactive's returns are expected to increase less than the market. However, during the bear market, the loss of holding ACE Solactive is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in ACE Solactive Global are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, ACE Solactive may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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ACE Solactive Relative Risk vs. Return Landscape
If you would invest 2,195,841 in ACE Solactive Global on September 4, 2024 and sell it today you would earn a total of 184,159 from holding ACE Solactive Global or generate 8.39% return on investment over 90 days. ACE Solactive Global is generating 0.156% of daily returns and assumes 1.9999% volatility on return distribution over the 90 days horizon. Simply put, 17% of etfs are less volatile than ACE, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ACE Solactive Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACE Solactive's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ACE Solactive Global, and traders can use it to determine the average amount a ACE Solactive'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 = 0.078
| Best Portfolio | Best Equity | |||
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| Small Returns | 446770 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average ACE Solactive is performing at about 6% 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 ACE Solactive by adding it to a well-diversified portfolio.