United Hero (Thailand) Performance
| UHERO Etf | 8.17 0.08 0.97% |
The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, United Hero's returns are expected to increase less than the market. However, during the bear market, the loss of holding United Hero is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in United Hero ETF are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat inconsistent fundamental drivers, United Hero sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
United |
United Hero Relative Risk vs. Return Landscape
If you would invest 777.00 in United Hero ETF on September 2, 2024 and sell it today you would earn a total of 40.00 from holding United Hero ETF or generate 5.15% return on investment over 90 days. United Hero ETF is generating 42.3051% of daily returns and assumes 215.1251% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than United on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
United Hero Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Hero's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as United Hero ETF, and traders can use it to determine the average amount a United Hero'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 = 0.1967
| Best Portfolio | Best Equity | UHERO | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 215.13 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average United Hero is performing at about 15% 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 United Hero by adding it to a well-diversified portfolio.