WSE WIG (Poland) Performance
| WIG Index | 79,492 474.21 0.60% |
The entity maintains a market beta of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and WSE WIG are completely uncorrelated.
WSE WIG Relative Risk vs. Return Landscape
If you would invest 8,398,800 in WSE WIG INDEX on August 26, 2024 and sell it today you would lose (449,586) from holding WSE WIG INDEX or give up 5.35% of portfolio value over 90 days. WSE WIG INDEX is generating negative expected returns and assumes 1.1309% volatility on return distribution over the 90 days horizon. Simply put, 10% of indexs are less volatile than WSE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
WSE WIG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WSE WIG's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as WSE WIG INDEX, and traders can use it to determine the average amount a WSE WIG'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 = -0.0704
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WIG |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WSE WIG 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 WSE WIG by adding WSE WIG to a well-diversified portfolio.
| WSE WIG INDEX generated a negative expected return over the last 90 days |