487950 (Korea) Performance
| 487950 Etf | 9,405 55.00 0.58% |
The entity owns a Beta (Systematic Risk) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 487950's returns are expected to increase less than the market. However, during the bear market, the loss of holding 487950 is expected to be smaller as well.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in 487950 are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, 487950 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
487950 |
487950 Relative Risk vs. Return Landscape
If you would invest 914,264 in 487950 on September 24, 2024 and sell it today you would earn a total of 26,236 from holding 487950 or generate 2.87% return on investment over 90 days. 487950 is generating 0.0597% of daily returns and assumes 1.7087% volatility on return distribution over the 90 days horizon. Simply put, 15% of etfs are less volatile than 487950, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
487950 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 487950's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 487950, and traders can use it to determine the average amount a 487950'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 = 0.0349
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| Cash | Small Risk | 487950 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average 487950 is performing at about 2% 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 487950 by adding it to a well-diversified portfolio.