HNX 30 (Vietnam) Performance
| HNX30 Index | 467.97 1.84 0.39% |
The index retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and HNX 30 are completely uncorrelated.
HNX 30 Relative Risk vs. Return Landscape
If you would invest 52,637 in HNX 30 on August 25, 2024 and sell it today you would lose (5,840) from holding HNX 30 or give up 11.09% of portfolio value over 90 days. HNX 30 is generating negative expected returns and assumes 0.7399% volatility on return distribution over the 90 days horizon. Simply put, 6% of indexs are less volatile than HNX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
HNX 30 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HNX 30's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as HNX 30, and traders can use it to determine the average amount a HNX 30'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 = -0.2484
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HNX30 |
Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HNX 30 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 HNX 30 by adding HNX 30 to a well-diversified portfolio.
| HNX 30 generated a negative expected return over the last 90 days |