VanEck Hydrogen (Switzerland) Performance
| HDRO Etf | 5.31 0.11 2.12% |
The entity has a beta of -0.0202, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VanEck Hydrogen are expected to decrease at a much lower rate. During the bear market, VanEck Hydrogen is likely to outperform the market.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Hydrogen Economy are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, VanEck Hydrogen is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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VanEck Hydrogen Relative Risk vs. Return Landscape
If you would invest 503.00 in VanEck Hydrogen Economy on August 31, 2024 and sell it today you would earn a total of 28.00 from holding VanEck Hydrogen Economy or generate 5.57% return on investment over 90 days. VanEck Hydrogen Economy is generating 0.0986% of daily returns and assumes 1.6876% volatility on return distribution over the 90 days horizon. Simply put, 15% of etfs are less volatile than VanEck, and 99% 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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VanEck Hydrogen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Hydrogen's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Hydrogen Economy, and traders can use it to determine the average amount a VanEck Hydrogen'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 = 0.0584
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Estimated Market Risk
| 1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average VanEck Hydrogen is performing at about 4% 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 VanEck Hydrogen by adding it to a well-diversified portfolio.