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.
KSPI-158 Relative Risk vs. Return Landscape
If you would invest 0.00
in KSPI-158 on September 21, 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
Based on monthly moving average KSPI 158 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 KSPI 158
by adding it to a well-diversified
Over the last 30 days KSPI-158 has generated negative risk-adjusted returns adding no value to investors with long positions.
|KSPI-158 is not yet fully synchronised with the market data|
|KSPI-158 has some characteristics of a very speculative penny stock|