CFPA BE (Germany) Performance

CFPA -- Germany ETF  

EUR 6.45  0.04  0.62%

The organization shows Beta (market volatility) of -0.2735 which signifies that as returns on market increase, returns on owning CFPA BE are expected to decrease at a much smaller rate. During bear market, CFPA BE is likely to outperform the market. Although it is vital to follow to CFPA BE historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing CFPA BE technical indicators you can today evaluate if the expected return of 0.4186% will be sustainable into the future.
Horizon     30 Days    Login   to change

CFPA BE Relative Risk vs. Return Landscape

If you would invest  637.00  in CFPA BE on February 22, 2019 and sell it today you would earn a total of  8.00  from holding CFPA BE or generate 1.26% return on investment over 30 days. CFPA BE is generating 0.4186% of daily returns and assumes 0.7251% volatility on return distribution over the 30 days horizon. Simply put, 6% of equities are less volatile than CFPA BE and 93% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, CFPA BE is expected to generate 1.05 times more return on investment than the market. However, the company is 1.05 times more volatile than its market benchmark. It trades about 0.58 of its potential returns per unit of risk. The DOW is currently generating roughly 0.13 per unit of risk.

CFPA BE Market Risk Analysis

Sharpe Ratio = 0.5774
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CFPA BE Relative Performance Indicators

Estimated Market Risk
 0.73
  actual daily
 
 6 %
of total potential
 
6
Expected Return
 0.42
  actual daily
 
 7 %
of total potential
 
7
Risk-Adjusted Return
 0.58
  actual daily
 
 38 %
of total potential
 
38
Based on monthly moving average CFPA BE is performing at about 38% 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 CFPA BE by adding it to a well-diversified portfolio.

CFPA BE Performance Rating

CFPA BE Risk Adjusted Performance Analysis

38

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in CFPA BE are ranked lower than 38 (%) of all global equities and portfolios over the last 30 days.

CFPA BE Alerts

Equity Alerts and Improvement Suggestions

CFPA BE is not yet fully synchronised with the market data
Check also Trending Equities. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
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