Beta ETF (Poland) Performance
| ETFBW20ST | 303.20 2.20 0.73% |
The etf shows a Beta (market volatility) of -0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Beta ETF are expected to decrease at a much lower rate. During the bear market, Beta ETF is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Beta ETF WIG20Short are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Beta ETF may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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Beta ETF Relative Risk vs. Return Landscape
If you would invest 27,890 in Beta ETF WIG20Short on August 29, 2024 and sell it today you would earn a total of 2,430 from holding Beta ETF WIG20Short or generate 8.71% return on investment over 90 days. Beta ETF WIG20Short is generating 0.1449% of daily returns and assumes 1.4323% volatility on return distribution over the 90 days horizon. Simply put, 12% of etfs are less volatile than Beta, and 98% 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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Beta ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beta ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Beta ETF WIG20Short, and traders can use it to determine the average amount a Beta ETF'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 = 0.1012
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| Cash | Small Risk | ETFBW20ST | High Risk | Huge Risk |
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Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Beta ETF is performing at about 7% 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 Beta ETF by adding it to a well-diversified portfolio.