KBSTAR Global (Korea) Performance
| 411720 Etf | 17,440 445.00 2.49% |
The entity secures a Beta (Market Risk) of -0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning KBSTAR Global are expected to decrease at a much lower rate. During the bear market, KBSTAR Global is likely to outperform the market.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in KBSTAR Global Metaverse are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, KBSTAR Global sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
KBSTAR |
KBSTAR Global Relative Risk vs. Return Landscape
If you would invest 1,460,500 in KBSTAR Global Metaverse on November 5, 2024 and sell it today you would earn a total of 283,500 from holding KBSTAR Global Metaverse or generate 19.41% return on investment over 90 days. KBSTAR Global Metaverse is generating 0.3473% of daily returns and assumes 1.5693% volatility on return distribution over the 90 days horizon. Simply put, 13% of etfs are less volatile than KBSTAR, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
KBSTAR Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KBSTAR Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as KBSTAR Global Metaverse, and traders can use it to determine the average amount a KBSTAR Global'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 = 0.2213
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 411720 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average KBSTAR Global is performing at about 17% 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 KBSTAR Global by adding it to a well-diversified portfolio.
| KBSTAR Global is not yet fully synchronised with the market data |