Consumer Discretionary Select Index Performance
| SIXY Index | 2,247 19.44 0.87% |
The index shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Consumer Discretionary are completely uncorrelated.
Consumer Discretionary Relative Risk vs. Return Landscape
If you would invest 188,088 in Consumer Discretionary Select on April 22, 2025 and sell it today you would earn a total of 36,589 from holding Consumer Discretionary Select or generate 19.45% return on investment over 90 days. Consumer Discretionary Select is generating 0.2945% of daily returns and assumes 1.232% volatility on return distribution over the 90 days horizon. Simply put, 11% of indexs are less volatile than Consumer, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Consumer Discretionary Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Consumer Discretionary's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as Consumer Discretionary Select, and traders can use it to determine the average amount a Consumer Discretionary'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 = 0.239
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Estimated Market Risk
| 1.23 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Consumer Discretionary is performing at about 18% 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 Consumer Discretionary by adding it to a well-diversified portfolio.