Beta WIG20TR (Poland) Performance
| ETFBW20TR | 41.68 0.03 0.07% |
The etf shows a Beta (market volatility) of -0.0571, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Beta WIG20TR are expected to decrease at a much lower rate. During the bear market, Beta WIG20TR is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Beta WIG20TR Portfelowy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Etf's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the ETF investors. ...more
Beta |
Beta WIG20TR Relative Risk vs. Return Landscape
If you would invest 4,597 in Beta WIG20TR Portfelowy on September 1, 2024 and sell it today you would lose (429.00) from holding Beta WIG20TR Portfelowy or give up 9.33% of portfolio value over 90 days. Beta WIG20TR Portfelowy is generating negative expected returns and assumes 1.3114% volatility on return distribution over the 90 days horizon. Simply put, 11% of etfs are less volatile than Beta, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Beta WIG20TR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beta WIG20TR's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Beta WIG20TR Portfelowy, and traders can use it to determine the average amount a Beta WIG20TR'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 = -0.1102
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| Negative Returns | ETFBW20TR |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Beta WIG20TR is not performing at its full potential. However, 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 WIG20TR by adding Beta WIG20TR to a well-diversified portfolio.
| Beta WIG20TR generated a negative expected return over the last 90 days |