China Southern (China) Performance
| 510290 Etf | 2.01 0.01 0.50% |
The etf shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning China Southern are expected to decrease at a much lower rate. During the bear market, China Southern is likely to outperform the market.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in China Southern SSE are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, China Southern sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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China Southern Relative Risk vs. Return Landscape
If you would invest 165.00 in China Southern SSE on September 4, 2024 and sell it today you would earn a total of 36.00 from holding China Southern SSE or generate 21.82% return on investment over 90 days. China Southern SSE is generating 0.3738% of daily returns and assumes 2.5928% volatility on return distribution over the 90 days horizon. Simply put, 23% of etfs are less volatile than China, and 93% 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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China Southern Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Southern's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as China Southern SSE, and traders can use it to determine the average amount a China Southern'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 = 0.1442
| Best Portfolio | Best Equity | |||
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| Small Returns | 510290 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average China Southern is performing at about 11% 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 China Southern by adding it to a well-diversified portfolio.