ETC Issuance (Germany) Performance
| ZETH Etf | 28.77 0.36 1.27% |
The etf owns a Beta (Systematic Risk) of 1.06, which means a somewhat significant risk relative to the market. ETC Issuance returns are very sensitive to returns on the market. As the market goes up or down, ETC Issuance is expected to follow.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in ETC Issuance ETHetc are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, ETC Issuance reported solid returns over the last few months and may actually be approaching a breakup point. ...more
ETC |
ETC Issuance Relative Risk vs. Return Landscape
If you would invest 2,129 in ETC Issuance ETHetc on November 2, 2024 and sell it today you would earn a total of 748.00 from holding ETC Issuance ETHetc or generate 35.13% return on investment over 90 days. ETC Issuance ETHetc is generating 0.6007% of daily returns assuming 4.4546% volatility of returns over the 90 days investment horizon. Simply put, 39% of all etfs have less volatile historical return distribution than ETC Issuance, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ETC Issuance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETC Issuance's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETC Issuance ETHetc, and traders can use it to determine the average amount a ETC Issuance'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 = 0.1348
| Best Portfolio | Best Equity | |||
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| Small Returns | ZETH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.45 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average ETC Issuance is performing at about 10% 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 ETC Issuance by adding it to a well-diversified portfolio.
| ETC Issuance ETHetc appears to be risky and price may revert if volatility continues |