Ocean Park International Etf Performance
| DUKX Etf | 25.02 0.21 0.85% |
The etf holds a Beta of 0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Ocean Park's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ocean Park is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Ocean Park International has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong forward-looking signals, Ocean Park is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
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Ocean Park Relative Risk vs. Return Landscape
If you would invest 2,501 in Ocean Park International on September 2, 2024 and sell it today you would earn a total of 1.00 from holding Ocean Park International or generate 0.04% return on investment over 90 days. Ocean Park International is currently generating 0.0042% in daily expected returns and assumes 0.8519% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Ocean, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Ocean Park Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ocean Park's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Ocean Park International, and traders can use it to determine the average amount a Ocean Park'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 = 0.0049
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| Negative Returns | DUKX |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ocean Park is not performing at its full potential. However, 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 Ocean Park by adding Ocean Park to a well-diversified portfolio.
About Ocean Park Performance
Evaluating Ocean Park's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ocean Park has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ocean Park has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Ocean Park is entity of United States. It is traded as Etf on NASDAQ exchange.