Sygnia Itrix (South Africa) Performance
| SYGEU Etf | 10,230 76.00 0.75% |
The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sygnia Itrix's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sygnia Itrix is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Sygnia Itrix Euro are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Even with relatively unsteady technical and fundamental indicators, Sygnia Itrix may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
Sygnia |
Sygnia Itrix Relative Risk vs. Return Landscape
If you would invest 925,340 in Sygnia Itrix Euro on November 3, 2024 and sell it today you would earn a total of 97,660 from holding Sygnia Itrix Euro or generate 10.55% return on investment over 90 days. Sygnia Itrix Euro is generating 0.1671% of daily returns and assumes 1.0273% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than Sygnia, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sygnia Itrix Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sygnia Itrix's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Sygnia Itrix Euro, and traders can use it to determine the average amount a Sygnia Itrix'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 = 0.1627
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SYGEU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Sygnia Itrix 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 Sygnia Itrix by adding it to a well-diversified portfolio.