Beta ETF (Poland) Performance
| ETFBW20LV | 37.15 0.56 1.53% |
The etf shows a Beta (market volatility) of 0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Beta ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beta ETF is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Beta ETF WIG20lev 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
Beta |
Beta ETF Relative Risk vs. Return Landscape
If you would invest 4,414 in Beta ETF WIG20lev on August 25, 2024 and sell it today you would lose (699.00) from holding Beta ETF WIG20lev or give up 15.84% of portfolio value over 90 days. Beta ETF WIG20lev is generating negative expected returns and assumes 2.6559% volatility on return distribution over the 90 days horizon. Simply put, 23% 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 |
| Risk |
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 WIG20lev, 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 = -0.0898
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| Negative Returns | ETFBW20LV |
Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 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 WIG20lev generated a negative expected return over the last 90 days |