HANetf ICAV (Germany) Performance
| ASWC Etf | 11.55 0.12 1.03% |
The entity retains a Market Volatility (i.e., Beta) of 0.86, which attests to possible diversification benefits within a given portfolio. HANetf ICAV returns are very sensitive to returns on the market. As the market goes up or down, HANetf ICAV is expected to follow.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in HANetf ICAV are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile fundamental indicators, HANetf ICAV may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
HANetf |
HANetf ICAV Relative Risk vs. Return Landscape
If you would invest 1,024 in HANetf ICAV on September 27, 2024 and sell it today you would earn a total of 131.00 from holding HANetf ICAV or generate 12.79% return on investment over 90 days. HANetf ICAV is generating 0.1986% of daily returns and assumes 1.2291% volatility on return distribution over the 90 days horizon. Simply put, 10% of etfs are less volatile than HANetf, and 97% 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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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 = 0.1616
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Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average HANetf ICAV is performing at about 12% 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.