Technical data and results

TECHNICAL DATAL CALCULATED FROM JANUARY 2016 TO APRIL 2017 (data updated monthly)

  • Annualised Volatility: 30%
  • Maximum Drawdown (peak to trough): 28.75%
  • Beta (relative to historical fluctuations in EUR/USD):  9
  • Sharpe Ratio (assuming risk free rate of 2%):  0.78%
  • Annualised Long trades win: 87%
  • Annualised Short Trades win: 82%
  • Risk Rating: ***** 5/5 (very high risk)
  • Ethika offers its clients a ‘Hard Stop’ mechanism to limit the drawdown on their account.
  Q1 Q2 Q3 Q4 TOTAL
2006       4.43% 4.43%
2007 4.75% 8.17% 5.78% -0.52% 18.18%
2008 4.48% 8.28% 1.47% 0.44% 14.67%
2009 8.62% 14.5% 6.41% -1.97% 27.56%
2010 -0.69% 26.56% 15.19% -1.23% 39.83%
2011 0.92 5.14% 0.78% 0.65% 7.49%
2012 12.34% 16.24% 37.38% 5.14% 71.1%
2013 56.27% 89.2% -27.87% -22.22% 95.38%
2014 21.83% 74.49% 24.42% 26.83% 147.57%
2015 12.58% 12.4% 34.19% -4.34% 54.83%
2016 16.09% 26.03% 30.13% 0.92% * 73.17%

Past performance is not a reliable indicator of future results.


Data from Q4 2006 to Q4 2011: Quarterly returns reviewed and verified by BDO (BDO report available upon request)

Data from Q1 2012 to Q2 2014: Unaudited quarterly returns derived from the performance of Ethika Global Partners SL trading on its own account. Trading accounts held at Saxo Markets, Orey iTrade and VantageFX.

Data from Q3 2014 to Q3 2016: Unaudited quarterly returns derived from the performance of various individual client accounts operated by Ethika Global Consulting Limited on a pari passu basis. Broker statements and analysis are available upon request.

* Data Q4 2016: Unaudited quarterly return excludes the 7 Oct 2016 GBP/USD flash crash which in the opinion of Ethika Global Consulting Limited was an extraordinary event which distorted market rates. Details available on request.

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