Select Stoxx Europe Etf Performance
| EUAD Etf | 26.76 0.00 0.00% |
The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Select STOXX's returns are expected to increase less than the market. However, during the bear market, the loss of holding Select STOXX is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Select STOXX Europe are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain basic indicators, Select STOXX may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
1 | Under Trump, European Defense Stocks Will Soar. Heres How to Invest. - MSN | 11/26/2024 |
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Select STOXX Relative Risk vs. Return Landscape
If you would invest 2,471 in Select STOXX Europe on November 3, 2024 and sell it today you would earn a total of 204.57 from holding Select STOXX Europe or generate 8.28% return on investment over 90 days. Select STOXX Europe is currently generating 0.1384% in daily expected returns and assumes 1.0786% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Select, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Select STOXX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Select STOXX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Select STOXX Europe, and traders can use it to determine the average amount a Select STOXX'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 = 0.1283
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| Cash | EUAD | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Select STOXX is performing at about 10% 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 Select STOXX by adding it to a well-diversified portfolio.
About Select STOXX Performance
By analyzing Select STOXX's fundamental ratios, stakeholders can gain valuable insights into Select STOXX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Select STOXX has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Select STOXX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Select STOXX is entity of United States. It is traded as Etf on BATS exchange.