476810 (Korea) Performance
| 476810 Etf | 10,380 10.00 0.1% |
The entity owns a Beta (Systematic Risk) of 0.0122, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 476810's returns are expected to increase less than the market. However, during the bear market, the loss of holding 476810 is expected to be smaller as well.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in 476810 are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, 476810 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
476810 |
476810 Relative Risk vs. Return Landscape
If you would invest 1,027,500 in 476810 on September 23, 2024 and sell it today you would earn a total of 10,500 from holding 476810 or generate 1.02% return on investment over 90 days. 476810 is generating 0.0162% of daily returns and assumes 0.0543% volatility on return distribution over the 90 days horizon. Simply put, 0% of etfs are less volatile than 476810, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
476810 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 476810's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 476810, and traders can use it to determine the average amount a 476810'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 = 0.2974
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| 476810 |
Based on monthly moving average 476810 is performing at about 23% 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 476810 by adding it to a well-diversified portfolio.