CTBC TIP (Taiwan) Performance
| 00894 Etf | 20.03 0.20 1.01% |
The etf owns a Beta (Systematic Risk) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CTBC TIP's returns are expected to increase less than the market. However, during the bear market, the loss of holding CTBC TIP is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in CTBC TIP Customized are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, CTBC TIP is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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CTBC TIP Relative Risk vs. Return Landscape
If you would invest 1,974 in CTBC TIP Customized on September 2, 2024 and sell it today you would earn a total of 29.00 from holding CTBC TIP Customized or generate 1.47% return on investment over 90 days. CTBC TIP Customized is generating 0.0338% of daily returns and assumes 1.4906% volatility on return distribution over the 90 days horizon. Simply put, 13% of etfs are less volatile than CTBC, 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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CTBC TIP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CTBC TIP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CTBC TIP Customized, and traders can use it to determine the average amount a CTBC TIP'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 = 0.0227
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 00894 |
Estimated Market Risk
| 1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average CTBC TIP is performing at about 1% 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 CTBC TIP by adding it to a well-diversified portfolio.