SZSE Composite (China) Performance
| SZSC Index | 1,984 12.92 0.65% |
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SZSE Composite are completely uncorrelated.
SZSE Composite Relative Risk vs. Return Landscape
If you would invest 154,423 in SZSE Composite on August 30, 2024 and sell it today you would earn a total of 42,268 from holding SZSE Composite or generate 27.37% return on investment over 90 days. SZSE Composite is generating 0.4828% of daily returns and assumes 2.9473% volatility on return distribution over the 90 days horizon. Simply put, 26% of indexs are less volatile than SZSE, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SZSE Composite Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SZSE Composite's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as SZSE Composite, and traders can use it to determine the average amount a SZSE Composite'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 = 0.1638
| Best Portfolio | Best Equity | |||
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| Small Returns | SZSC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average SZSE Composite 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 SZSE Composite by adding it to a well-diversified portfolio.