ACE NASDAQ100 (Korea) Performance
| 438100 Etf | 13,505 135.00 0.99% |
The entity shows a Beta (market volatility) of -0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ACE NASDAQ100 are expected to decrease at a much lower rate. During the bear market, ACE NASDAQ100 is likely to outperform the market.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in ACE NASDAQ100 3070 are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, ACE NASDAQ100 may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
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ACE NASDAQ100 Relative Risk vs. Return Landscape
If you would invest 1,255,000 in ACE NASDAQ100 3070 on November 2, 2024 and sell it today you would earn a total of 95,500 from holding ACE NASDAQ100 3070 or generate 7.61% return on investment over 90 days. ACE NASDAQ100 3070 is generating 0.128% of daily returns and assumes 0.5549% volatility on return distribution over the 90 days horizon. Simply put, 4% of etfs are less volatile than ACE, 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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ACE NASDAQ100 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACE NASDAQ100's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ACE NASDAQ100 3070, and traders can use it to determine the average amount a ACE NASDAQ100'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 = 0.2307
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Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average ACE NASDAQ100 is performing at about 18% 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 ACE NASDAQ100 by adding it to a well-diversified portfolio.