BIST Electricity (Turkey) Performance
| XELKT Index | 490.89 1.72 0.35% |
The index shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and BIST Electricity are completely uncorrelated.
BIST Electricity Relative Risk vs. Return Landscape
If you would invest 50,811 in BIST Electricity on September 2, 2024 and sell it today you would lose (1,722) from holding BIST Electricity or give up 3.39% of portfolio value over 90 days. BIST Electricity is generating negative expected returns and assumes 1.4743% volatility on return distribution over the 90 days horizon. Simply put, 13% of indexs are less volatile than BIST, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BIST Electricity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BIST Electricity's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as BIST Electricity, and traders can use it to determine the average amount a BIST Electricity'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 = -0.0287
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XELKT |
Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BIST Electricity 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 BIST Electricity by adding BIST Electricity to a well-diversified portfolio.
| BIST Electricity generated a negative expected return over the last 90 days |