Gex Index Performance
| GEX Index | 2,674 7.41 0.28% |
The index retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and GEX are completely uncorrelated.
GEX Relative Risk vs. Return Landscape
If you would invest 230,011 in GEX on February 17, 2024 and sell it today you would earn a total of 37,364 from holding GEX or generate 16.24% return on investment over 90 days. GEX is generating 0.2559% of daily returns and assumes 1.3449% volatility on return distribution over the 90 days horizon. Simply put, 11% of indexs are less volatile than GEX, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
GEX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GEX's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as GEX, and traders can use it to determine the average amount a GEX's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1903
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | GEX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average GEX is performing at about 14% 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 GEX by adding it to a well-diversified portfolio.