IncomeShares Apple (Germany) Performance
| AAPY Etf | 10.73 0.04 0.37% |
The etf retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IncomeShares Apple's returns are expected to increase less than the market. However, during the bear market, the loss of holding IncomeShares Apple is expected to be smaller as well.
Risk-Adjusted Performance
54 of 100
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Excellent
Compared to the overall equity markets, risk-adjusted returns on investments in IncomeShares Apple Options are ranked lower than 54 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, IncomeShares Apple exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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IncomeShares Apple Relative Risk vs. Return Landscape
If you would invest 938.00 in IncomeShares Apple Options on September 28, 2024 and sell it today you would earn a total of 135.00 from holding IncomeShares Apple Options or generate 14.39% return on investment over 90 days. IncomeShares Apple Options is generating 0.4837% of daily returns and assumes 0.6963% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than IncomeShares, and 91% 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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IncomeShares Apple Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IncomeShares Apple's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IncomeShares Apple Options, and traders can use it to determine the average amount a IncomeShares Apple'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 = 0.6947
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.69 actual daily | 54 54% of assets perform worse |
Based on monthly moving average IncomeShares Apple is performing at about 54% 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 IncomeShares Apple by adding it to a well-diversified portfolio.