IncomeShares Alphabet (Germany) Performance
| IGOG Etf | 11.04 0.01 0.09% |
The etf retains a Market Volatility (i.e., Beta) of -0.0513, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IncomeShares Alphabet are expected to decrease at a much lower rate. During the bear market, IncomeShares Alphabet is likely to outperform the market.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in IncomeShares Alphabet Options are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile technical and fundamental indicators, IncomeShares Alphabet exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
IncomeShares |
IncomeShares Alphabet Relative Risk vs. Return Landscape
If you would invest 1,006 in IncomeShares Alphabet Options on September 28, 2024 and sell it today you would earn a total of 98.00 from holding IncomeShares Alphabet Options or generate 9.74% return on investment over 90 days. IncomeShares Alphabet Options is generating 0.343% of daily returns and assumes 1.4644% volatility on return distribution over the 90 days horizon. Simply put, 13% of etfs are less volatile than IncomeShares, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IncomeShares Alphabet Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IncomeShares Alphabet's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IncomeShares Alphabet Options, and traders can use it to determine the average amount a IncomeShares Alphabet'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 = 0.2342
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | IGOG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.46 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average IncomeShares Alphabet is performing at about 18% 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 Alphabet by adding it to a well-diversified portfolio.