Hwabao WP (China) Performance
| 512810 Etf | 1.23 0.02 1.65% |
The etf retains a Market Volatility (i.e., Beta) of -0.0665, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hwabao WP are expected to decrease at a much lower rate. During the bear market, Hwabao WP is likely to outperform the market.
Risk-Adjusted Performance
12 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in Hwabao WP CS are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Hwabao WP sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Hwabao |
Hwabao WP Relative Risk vs. Return Landscape
If you would invest 94.00 in Hwabao WP CS on September 1, 2024 and sell it today you would earn a total of 29.00 from holding Hwabao WP CS or generate 30.85% return on investment over 90 days. Hwabao WP CS is generating 0.5132% of daily returns and assumes 3.1658% volatility on return distribution over the 90 days horizon. Simply put, 28% of etfs are less volatile than Hwabao, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hwabao WP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hwabao WP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hwabao WP CS, and traders can use it to determine the average amount a Hwabao WP'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 = 0.1621
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 512810 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.17 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Hwabao WP is performing at about 12% 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 Hwabao WP by adding it to a well-diversified portfolio.
| Hwabao WP CS may become a speculative penny stock | |
| Hwabao WP CS appears to be risky and price may revert if volatility continues |