CCB Principal (China) Performance
| 511660 Etf | 100.02 0.01 0.01% |
The entity owns a Beta (Systematic Risk) of -0.0017, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CCB Principal are expected to decrease at a much lower rate. During the bear market, CCB Principal is likely to outperform the market.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in CCB Principal Asset are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, CCB Principal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
CCB |
CCB Principal Relative Risk vs. Return Landscape
If you would invest 10,000 in CCB Principal Asset on August 27, 2024 and sell it today you would earn a total of 2.00 from holding CCB Principal Asset or generate 0.02% return on investment over 90 days. CCB Principal Asset is generating 3.0E-4% of daily returns and assumes 0.0103% volatility on return distribution over the 90 days horizon. Simply put, 0% of etfs are less volatile than CCB, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CCB Principal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CCB Principal's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CCB Principal Asset, and traders can use it to determine the average amount a CCB Principal'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 = 0.0336
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| 511660 |
Based on monthly moving average CCB Principal is performing at about 2% 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 CCB Principal by adding it to a well-diversified portfolio.