APO RENDITE (Germany) Performance

IUK8 -- Germany ETF  

EUR 45.34  0.00  0.00%

The organization shows Beta (market volatility) of -0.1023 which signifies that as returns on market increase, returns on owning APO RENDITE are expected to decrease at a much smaller rate. During bear market, APO RENDITE is likely to outperform the market.. Even though it is essential to pay attention to APO RENDITE PLUS historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. APO RENDITE PLUS INKA exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

APO RENDITE PLUS Relative Risk vs. Return Landscape

If you would invest  4,547  in APO RENDITE PLUS INKA on September 23, 2018 and sell it today you would lose (13.00)  from holding APO RENDITE PLUS INKA or give up 0.29% of portfolio value over 30 days. APO RENDITE PLUS INKA is producing return of less than zero assuming 0.1651% volatility of returns over the 30 days investment horizon. Simply put, 1% of all equities have less volatile historical return distribution than APO RENDITE PLUS INKA and 99% 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, APO RENDITE PLUS INKA is expected to generate 0.16 times more return on investment than the market. However, the company is 6.28 times less risky than the market. It trades about -0.58 of its potential returns per unit of risk. The DOW is currently generating roughly -0.21 per unit of risk.

APO RENDITE Market Risk Analysis

Sharpe Ratio = -0.5774
Good Returns
Average Returns
Small Returns
Negative ReturnsIUK8

APO RENDITE Relative Performance Indicators

Estimated Market Risk
  actual daily
 99 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 1 %
of total potential
Based on monthly moving average APO RENDITE is performing at about 0% 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 APO RENDITE by adding it to a well-diversified portfolio.

APO RENDITE Performance Rating

APO RENDITE PLUS INKA Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days APO RENDITE PLUS INKA has generated negative risk-adjusted returns adding no value to investors with long positions.


Equity Alerts and Improvement Suggestions

APO RENDITE PLUS is not yet fully synchronised with the market data
APO RENDITE PLUS generates negative expected return over the last 30 days
Please also check Risk vs Return Analysis. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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