159551 (China) Performance
| 159551 Etf | 0.98 0.04 3.92% |
The entity owns a Beta (Systematic Risk) of -0.0889, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 159551 are expected to decrease at a much lower rate. During the bear market, 159551 is likely to outperform the market.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in 159551 are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, 159551 sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
159551 |
159551 Relative Risk vs. Return Landscape
If you would invest 72.00 in 159551 on August 26, 2024 and sell it today you would earn a total of 26.00 from holding 159551 or generate 36.11% return on investment over 90 days. 159551 is generating 0.5731% of daily returns and assumes 3.1953% volatility on return distribution over the 90 days horizon. Simply put, 28% of etfs are less volatile than 159551, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
159551 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 159551's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 159551, and traders can use it to determine the average amount a 159551'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 = 0.1794
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.2 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average 159551 is performing at about 14% 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 159551 by adding it to a well-diversified portfolio.
| 159551 has some characteristics of a very speculative penny stock | |
| 159551 appears to be risky and price may revert if volatility continues |