Ab High Dividend Etf Performance
| HIDV Etf | 74.33 0.33 0.45% |
The entity owns a Beta (Systematic Risk) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AB High's returns are expected to increase less than the market. However, during the bear market, the loss of holding AB High is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in AB High Dividend are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable fundamental indicators, AB High is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Objective longshort Report - Stock Traders Daily | 12/30/2024 |
HIDV |
AB High Relative Risk vs. Return Landscape
If you would invest 7,142 in AB High Dividend on October 26, 2024 and sell it today you would earn a total of 291.00 from holding AB High Dividend or generate 4.07% return on investment over 90 days. AB High Dividend is currently generating 0.0709% in daily expected returns and assumes 0.81% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than HIDV, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
AB High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AB High's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as AB High Dividend, and traders can use it to determine the average amount a AB High'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 = 0.0876
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Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average AB High is performing at about 6% 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 AB High by adding it to a well-diversified portfolio.
About AB High Performance
Evaluating AB High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if AB High has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if AB High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
AB High is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from news.google.com: Objective longshort Report - Stock Traders Daily |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AB High Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of AB High Dividend is measured differently than its book value, which is the value of HIDV that is recorded on the company's balance sheet. Investors also form their own opinion of AB High's value that differs from its market value or its book value, called intrinsic value, which is AB High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AB High's market value can be influenced by many factors that don't directly affect AB High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AB High's value and its price as these two are different measures arrived at by different means. Investors typically determine if AB High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AB High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.