562930 (China) Performance
| 562930 Etf | 0.85 0.02 2.41% |
The entity owns a Beta (Systematic Risk) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 562930's returns are expected to increase less than the market. However, during the bear market, the loss of holding 562930 is expected to be smaller as well.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in 562930 are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, 562930 sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
562930 |
562930 Relative Risk vs. Return Landscape
If you would invest 50.00 in 562930 on September 3, 2024 and sell it today you would earn a total of 35.00 from holding 562930 or generate 70.0% return on investment over 90 days. 562930 is generating 0.9819% of daily returns and assumes 3.6081% volatility on return distribution over the 90 days horizon. Simply put, 32% of etfs are less volatile than 562930, and 81% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
562930 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 562930's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 562930, and traders can use it to determine the average amount a 562930'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 = 0.2721
| Best Portfolio | Best Equity | |||
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| Small Returns | 562930 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.61 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average 562930 is performing at about 21% 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 562930 by adding it to a well-diversified portfolio.
| 562930 has some characteristics of a very speculative penny stock | |
| 562930 appears to be risky and price may revert if volatility continues |