Forstrong Global Growth Etf Performance
| FGRW Etf | 22.78 0.00 0.00% |
The etf shows a Beta (market volatility) of 0.0092, which means not very significant fluctuations relative to the market. As returns on the market increase, Forstrong Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Forstrong Global is expected to be smaller as well.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Forstrong Global Growth are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Forstrong Global is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Forstrong Global Asset Management Announces September 2024 Cash Distributions for the Forstrong ETFs - Yahoo Finance | 09/20/2024 |
Forstrong |
Forstrong Global Relative Risk vs. Return Landscape
If you would invest 2,176 in Forstrong Global Growth on August 28, 2024 and sell it today you would earn a total of 102.00 from holding Forstrong Global Growth or generate 4.69% return on investment over 90 days. Forstrong Global Growth is generating 0.0759% of daily returns and assumes 0.6506% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than Forstrong, 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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Forstrong Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forstrong Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Forstrong Global Growth, and traders can use it to determine the average amount a Forstrong Global'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 = 0.1167
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Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Forstrong Global is performing at about 9% 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 Forstrong Global by adding it to a well-diversified portfolio.