159560 (China) Performance
| 159560 Etf | 1.14 0.02 1.79% |
The entity owns a Beta (Systematic Risk) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 159560's returns are expected to increase less than the market. However, during the bear market, the loss of holding 159560 is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in 159560 are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, 159560 sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
159560 |
159560 Relative Risk vs. Return Landscape
If you would invest 77.00 in 159560 on September 3, 2024 and sell it today you would earn a total of 37.00 from holding 159560 or generate 48.05% return on investment over 90 days. 159560 is generating 0.7383% of daily returns and assumes 3.5348% volatility on return distribution over the 90 days horizon. Simply put, 31% of etfs are less volatile than 159560, and 86% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
159560 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 159560's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 159560, and traders can use it to determine the average amount a 159560'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 = 0.2089
| Best Portfolio | Best Equity | |||
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| Small Returns | 159560 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average 159560 is performing at about 16% 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 159560 by adding it to a well-diversified portfolio.
| 159560 may become a speculative penny stock | |
| 159560 appears to be risky and price may revert if volatility continues |