Satrix MSCI (South Africa) Performance
| STXCHN Etf | 5,077 149.00 3.02% |
The entity has a beta of -0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Satrix MSCI are expected to decrease at a much lower rate. During the bear market, Satrix MSCI is likely to outperform the market.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Satrix MSCI China are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak fundamental indicators, Satrix MSCI sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Satrix MSCI Relative Risk vs. Return Landscape
If you would invest 405,800 in Satrix MSCI China on November 29, 2024 and sell it today you would earn a total of 101,900 from holding Satrix MSCI China or generate 25.11% return on investment over 90 days. Satrix MSCI China is generating 0.3854% of daily returns and assumes 1.5252% volatility on return distribution over the 90 days horizon. Simply put, 13% of etfs are less volatile than Satrix, and 93% 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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Satrix MSCI Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Satrix MSCI's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Satrix MSCI China, and traders can use it to determine the average amount a Satrix MSCI'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 = 0.2527
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Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Satrix MSCI is performing at about 19% 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 Satrix MSCI by adding it to a well-diversified portfolio.