CCB Principal (China) Performance
| 510090 Etf | 2.43 0.01 0.41% |
The entity owns a Beta (Systematic Risk) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CCB Principal's returns are expected to increase less than the market. However, during the bear market, the loss of holding CCB Principal is expected to be smaller as well.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in CCB Principal SSE are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, CCB Principal sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
CCB |
CCB Principal Relative Risk vs. Return Landscape
If you would invest 211.00 in CCB Principal SSE on September 3, 2024 and sell it today you would earn a total of 32.00 from holding CCB Principal SSE or generate 15.17% return on investment over 90 days. CCB Principal SSE is generating 0.2739% of daily returns and assumes 2.4856% volatility on return distribution over the 90 days horizon. Simply put, 22% of etfs are less volatile than CCB, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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CCB Principal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CCB Principal's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CCB Principal SSE, and traders can use it to determine the average amount a CCB Principal'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 = 0.1102
| Best Portfolio | Best Equity | |||
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| Small Returns | 510090 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average CCB Principal is performing at about 8% 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 CCB Principal by adding it to a well-diversified portfolio.