Hwabao WP (China) Performance
| 162411 Etf | 0.81 0.02 2.41% |
The etf retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hwabao WP's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hwabao WP is expected to be smaller as well.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Hwabao WP SP are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Hwabao WP may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Hwabao |
Hwabao WP Relative Risk vs. Return Landscape
If you would invest 77.00 in Hwabao WP SP on September 3, 2024 and sell it today you would earn a total of 4.00 from holding Hwabao WP SP or generate 5.19% return on investment over 90 days. Hwabao WP SP is generating 0.1003% of daily returns and assumes 1.627% volatility on return distribution over the 90 days horizon. Simply put, 14% of etfs are less volatile than Hwabao, and 98% 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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Hwabao WP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hwabao WP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hwabao WP SP, and traders can use it to determine the average amount a Hwabao WP'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 = 0.0617
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| Cash | Small Risk | 162411 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Hwabao WP is performing at about 4% 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 Hwabao WP by adding it to a well-diversified portfolio.
| Hwabao WP SP has some characteristics of a very speculative penny stock |