The etf secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and KSPI 158 are completely uncorrelated. Although it is extremely important to respect KSPI-158 price patterns, it is better to be realistic regarding the information on equity historical price patterns. The approach towards estimating 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 inspecting KSPI-158 technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future.
|Horizon||30 Days Login to change|
KSPI-158 Relative Risk vs. Return LandscapeIf you would invest 0.00 in KSPI-158 on November 18, 2018 and sell it today you would earn a total of 0.00 from holding KSPI-158 or generate 0.0% return on investment over 30 days. KSPI-158 is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than KSPI-158 and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
KSPI 158 Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days KSPI-158 has generated negative risk-adjusted returns adding no value to investors with long positions.