KIM KINDEX (Korea) Performance
| 305050 Etf | 25,735 55.00 0.21% |
The etf secures a Beta (Market Risk) of -0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KIM KINDEX are expected to decrease at a much lower rate. During the bear market, KIM KINDEX is likely to outperform the market.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days KIM KINDEX KOSPI 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
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KIM KINDEX Relative Risk vs. Return Landscape
If you would invest 2,778,500 in KIM KINDEX KOSPI on August 24, 2024 and sell it today you would lose (205,000) from holding KIM KINDEX KOSPI or give up 7.38% of portfolio value over 90 days. KIM KINDEX KOSPI is generating negative expected returns and assumes 1.1589% volatility on return distribution over the 90 days horizon. Simply put, 10% of etfs are less volatile than KIM, 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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KIM KINDEX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KIM KINDEX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as KIM KINDEX KOSPI, and traders can use it to determine the average amount a KIM KINDEX'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 = -0.1063
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 305050 |
Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average KIM KINDEX 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 KIM KINDEX by adding KIM KINDEX to a well-diversified portfolio.
| KIM KINDEX KOSPI generated a negative expected return over the last 90 days |