159681 (China) Performance
| 159681 Etf | 0.96 0.04 4.00% |
The entity owns a Beta (Systematic Risk) of -0.76, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 159681 are expected to decrease at a much lower rate. During the bear market, 159681 is likely to outperform the market.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in 159681 are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, 159681 sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
159681 |
159681 Relative Risk vs. Return Landscape
If you would invest 66.00 in 159681 on August 25, 2024 and sell it today you would earn a total of 30.00 from holding 159681 or generate 45.45% return on investment over 90 days. 159681 is generating 0.7655% of daily returns and assumes 5.2297% volatility on return distribution over the 90 days horizon. Simply put, 46% of etfs are less volatile than 159681, and 85% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
159681 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 159681's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 159681, and traders can use it to determine the average amount a 159681'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 = 0.1464
| Best Portfolio | Best Equity | |||
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| Small Returns | 159681 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.23 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average 159681 is performing at about 11% 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 159681 by adding it to a well-diversified portfolio.
| 159681 is way too risky over 90 days horizon | |
| 159681 has some characteristics of a very speculative penny stock | |
| 159681 appears to be risky and price may revert if volatility continues |