KBSTAR Battery (Korea) Performance
| 446700 Etf | 10,065 195.00 1.98% |
The entity secures a Beta (Market Risk) of -0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KBSTAR Battery are expected to decrease at a much lower rate. During the bear market, KBSTAR Battery is likely to outperform the market.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in KBSTAR Battery Recycling are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, KBSTAR Battery is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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KBSTAR Battery Relative Risk vs. Return Landscape
If you would invest 1,002,500 in KBSTAR Battery Recycling on September 5, 2024 and sell it today you would earn a total of 4,000 from holding KBSTAR Battery Recycling or generate 0.4% return on investment over 90 days. KBSTAR Battery Recycling is generating 0.0375% of daily returns and assumes 2.4881% volatility on return distribution over the 90 days horizon. Simply put, 22% of etfs are less volatile than KBSTAR, 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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KBSTAR Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for KBSTAR Battery's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as KBSTAR Battery Recycling, and traders can use it to determine the average amount a KBSTAR Battery'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 = 0.0151
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| Negative Returns | 446700 |
Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average KBSTAR Battery is performing at about 1% 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 Battery by adding it to a well-diversified portfolio.