159792 (China) Performance
| 159792 Etf | 0.68 0.01 1.45% |
The entity owns a Beta (Systematic Risk) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 159792's returns are expected to increase less than the market. However, during the bear market, the loss of holding 159792 is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in 159792 are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, 159792 sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
159792 |
159792 Relative Risk vs. Return Landscape
If you would invest 55.00 in 159792 on September 3, 2024 and sell it today you would earn a total of 13.00 from holding 159792 or generate 23.64% return on investment over 90 days. 159792 is generating 0.4026% of daily returns and assumes 2.7396% volatility on return distribution over the 90 days horizon. Simply put, 24% of etfs are less volatile than 159792, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
159792 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 159792's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 159792, and traders can use it to determine the average amount a 159792'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 = 0.147
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 159792 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average 159792 is performing at about 11% 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 159792 by adding it to a well-diversified portfolio.
| 159792 has some characteristics of a very speculative penny stock |