Cboe Low Volatility Index Performance
| LOVOL Index | 495.54 1.69 0.34% |
The entity shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and CBOE Low are completely uncorrelated.
CBOE Low Relative Risk vs. Return Landscape
If you would invest 47,175 in CBOE Low Volatility on September 3, 2024 and sell it today you would earn a total of 2,379 from holding CBOE Low Volatility or generate 5.04% return on investment over 90 days. CBOE Low Volatility is generating 0.078% of daily returns and assumes 0.478% volatility on return distribution over the 90 days horizon. Simply put, 4% of indexs are less volatile than CBOE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CBOE Low Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CBOE Low's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as CBOE Low Volatility, and traders can use it to determine the average amount a CBOE Low'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 = 0.1632
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| Cash | LOVOL | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average CBOE Low is performing at about 12% 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 CBOE Low by adding it to a well-diversified portfolio.