IBEX 35 (Spain) Performance

IBEX -- Spain Index  

 9,225  33.80  0.36%

The entity retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and IBEX 35 are completely uncorrelated. Although it is extremely important to respect IBEX 35 current price history, it is better to be realistic regarding the information on equity current price movements. The approach into determining future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting IBEX 35 technical indicators you can right now evaluate if the expected return of 0.0923% will be sustainable into the future.
Horizon     30 Days    Login   to change

IBEX 35 Relative Risk vs. Return Landscape

If you would invest  871,640  in IBEX 35 on October 21, 2019 and sell it today you would earn a total of  49,890  from holding IBEX 35 or generate 5.72% return on investment over 30 days. IBEX 35 is currently producing 0.0923% returns and takes up 1.1541% volatility of returns over 30 trading days. Put another way, 10% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, IBEX 35 is expected to generate 1.08 times less return on investment than the market. In addition to that, the company is 1.61 times more volatile than its market benchmark. It trades about 0.08 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.14 per unit of volatility.

IBEX 35 Market Risk Analysis

Sharpe Ratio = 0.08
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IBEX 35 Relative Performance Indicators

Estimated Market Risk
 1.15
  actual daily
 
 10 %
of total potential
 
1010
Expected Return
 0.09
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.08
  actual daily
 
 5 %
of total potential
 
55
Based on monthly moving average IBEX 35 is performing at about 5% 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 IBEX 35 by adding it to a well-diversified portfolio.
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