Source JPX (Germany) Performance
| NS4E Etf | 29.42 0.08 0.27% |
The entity has a beta of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Source JPX are expected to decrease at a much lower rate. During the bear market, Source JPX is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Source JPX Nikkei 400 has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, Source JPX is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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Source JPX Relative Risk vs. Return Landscape
If you would invest 2,949 in Source JPX Nikkei 400 on September 1, 2024 and sell it today you would lose (7.00) from holding Source JPX Nikkei 400 or give up 0.24% of portfolio value over 90 days. Source JPX Nikkei 400 is generating 0.0039% of daily returns and assumes 1.2341% volatility on return distribution over the 90 days horizon. Simply put, 10% of etfs are less volatile than Source, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Source JPX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Source JPX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Source JPX Nikkei 400, and traders can use it to determine the average amount a Source JPX'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 = 0.0032
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| Negative Returns | NS4E |
Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Source JPX 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 Source JPX by adding Source JPX to a well-diversified portfolio.