Beta ETF (Poland) Performance
| ETFBNQ2ST | 151.12 1.56 1.02% |
The etf shows a Beta (market volatility) of -0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Beta ETF are expected to decrease at a much lower rate. During the bear market, Beta ETF is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Beta ETF Nasdaq 100 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Etf's basic indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the ETF investors. ...more
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Beta ETF Relative Risk vs. Return Landscape
If you would invest 18,826 in Beta ETF Nasdaq 100 on August 29, 2024 and sell it today you would lose (3,714) from holding Beta ETF Nasdaq 100 or give up 19.73% of portfolio value over 90 days. Beta ETF Nasdaq 100 is generating negative expected returns and assumes 2.1847% volatility on return distribution over the 90 days horizon. Simply put, 19% of etfs are less volatile than Beta, 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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Beta ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beta ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Beta ETF Nasdaq 100, and traders can use it to determine the average amount a Beta ETF'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 = -0.1751
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| Negative Returns | ETFBNQ2ST |
Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Beta ETF 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 Beta ETF by adding Beta ETF to a well-diversified portfolio.
| Beta ETF Nasdaq generated a negative expected return over the last 90 days |