Shinhan SOL (Korea) Performance
| 292500 Etf | 15,705 185.00 1.16% |
The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Shinhan SOL's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shinhan SOL is expected to be smaller as well.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Shinhan SOL KRX300 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Etf's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the ETF investors. ...more
Shinhan |
Shinhan SOL Relative Risk vs. Return Landscape
If you would invest 1,727,671 in Shinhan SOL KRX300 on September 2, 2024 and sell it today you would lose (157,171) from holding Shinhan SOL KRX300 or give up 9.1% of portfolio value over 90 days. Shinhan SOL KRX300 is generating negative expected returns and assumes 1.2014% volatility on return distribution over the 90 days horizon. Simply put, 10% of etfs are less volatile than Shinhan, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Shinhan SOL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shinhan SOL's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Shinhan SOL KRX300, and traders can use it to determine the average amount a Shinhan SOL'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 = -0.1263
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 292500 |
Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shinhan SOL 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 Shinhan SOL by adding Shinhan SOL to a well-diversified portfolio.
| Shinhan SOL KRX300 generated a negative expected return over the last 90 days |