21S Stellar (France) Performance
| AXLM Etf | 20.48 2.88 12.33% |
The entity shows a Beta (market volatility) of -0.85, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning 21S Stellar are expected to decrease at a much lower rate. During the bear market, 21S Stellar 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 21S Stellar are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, 21S Stellar sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
21S |
21S Stellar Relative Risk vs. Return Landscape
If you would invest 401.00 in 21S Stellar on September 1, 2024 and sell it today you would earn a total of 1,647 from holding 21S Stellar or generate 410.72% return on investment over 90 days. 21S Stellar is generating 3.1168% of daily returns and assumes 13.0697% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than 21S on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
21S Stellar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 21S Stellar's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 21S Stellar, and traders can use it to determine the average amount a 21S Stellar'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 = 0.2385
| Best Portfolio | Best Equity | |||
| Good Returns | AXLM | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 13.07 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.12 actual daily | 62 62% of assets have lower returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average 21S Stellar 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 21S Stellar by adding it to a well-diversified portfolio.