|CFPA -- Germany ETF|| |
EUR 6.13 0.15 2.59%
The organization shows Beta (market volatility) of 0.0658 which signifies that as returns on market increase, CFPA DU returns are expected to increase less than the market. However during bear market, the loss on holding CFPA DU will be expected to be smaller as well.. Although it is vital to follow to CFPA DU
historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any etf is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators
. To evaluate if CFPA DU expected return of 1.2893 will be sustainable into the future, we have found twenty-one different technical indicators
which can help you to check if the expected returns are sustainable.
CFPA DU Relative Risk vs. Return Landscape
If you would invest 568.00
in CFPA DU on November 15, 2018
and sell it today you would earn a total of 45.00
from holding CFPA DU or generate 7.92%
return on investment over 30
days. CFPA DU is generating 1.2893% of daily returns and assumes 1.5974% volatility on return distribution over the 30 days horizon. Simply put, 14% of equities are less volatile than CFPA DU and 76% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, CFPA DU is expected to generate 1.25 times more return on investment than the market. However, the company is 1.25 times more volatile than its market benchmark. It trades about 0.81 of its potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of risk.
CFPA DU Market Risk Analysis
Sharpe Ratio = 0.8071
CFPA DU Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average CFPA DU is performing at about 53% 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 DU
by adding it to a well-diversified
Compared to the overall equity markets, risk-adjusted returns on investments in CFPA DU are ranked lower than 53 (%) of all global equities and portfolios over the last 30 days.