518600 (China) Performance
| 518600 Etf | 5.93 0.08 1.37% |
The entity owns a Beta (Systematic Risk) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 518600's returns are expected to increase less than the market. However, during the bear market, the loss of holding 518600 is expected to be smaller as well.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in 518600 are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, 518600 may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
518600 |
518600 Relative Risk vs. Return Landscape
If you would invest 545.00 in 518600 on August 27, 2024 and sell it today you would earn a total of 48.00 from holding 518600 or generate 8.81% return on investment over 90 days. 518600 is generating 0.1491% of daily returns and assumes 0.8334% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than 518600, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
518600 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 518600's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 518600, and traders can use it to determine the average amount a 518600'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 = 0.1789
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Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average 518600 is performing at about 14% 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 518600 by adding it to a well-diversified portfolio.