HANetf ICAV (Germany) Performance
| 7RIP Etf | 8.57 0.03 0.35% |
The entity retains a Market Volatility (i.e., Beta) of 0.7, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HANetf ICAV's returns are expected to increase less than the market. However, during the bear market, the loss of holding HANetf ICAV is expected to be smaller as well.
Risk-Adjusted Performance
24 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in HANetf ICAV are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, HANetf ICAV exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
HANetf |
HANetf ICAV Relative Risk vs. Return Landscape
If you would invest 705.00 in HANetf ICAV on September 27, 2024 and sell it today you would earn a total of 152.00 from holding HANetf ICAV or generate 21.56% return on investment over 90 days. HANetf ICAV is generating 0.3152% of daily returns and assumes 0.993% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than HANetf, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
HANetf ICAV Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HANetf ICAV's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as HANetf ICAV , and traders can use it to determine the average amount a HANetf ICAV'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 = 0.3174
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 24 76% of assets perform better |
Based on monthly moving average HANetf ICAV is performing at about 24% 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 HANetf ICAV by adding it to a well-diversified portfolio.