Vaneck Robotics Etf Performance
| IBOT Etf | 43.99 0.34 0.77% |
The entity has a beta of 0.87, which indicates possible diversification benefits within a given portfolio. VanEck Robotics returns are very sensitive to returns on the market. As the market goes up or down, VanEck Robotics is expected to follow.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in VanEck Robotics ETF are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, VanEck Robotics is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Short Interest in VanEck Robotics ETF Grows By 8.0 | 10/02/2024 |
VanEck |
VanEck Robotics Relative Risk vs. Return Landscape
If you would invest 4,281 in VanEck Robotics ETF on September 14, 2024 and sell it today you would earn a total of 118.00 from holding VanEck Robotics ETF or generate 2.76% return on investment over 90 days. VanEck Robotics ETF is currently generating 0.0497% in daily expected returns and assumes 1.1552% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than VanEck, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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VanEck Robotics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VanEck Robotics' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VanEck Robotics ETF, and traders can use it to determine the average amount a VanEck Robotics' 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 = 0.0431
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average VanEck Robotics is performing at about 3% 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 VanEck Robotics by adding it to a well-diversified portfolio.
About VanEck Robotics Performance
Assessing VanEck Robotics' fundamental ratios provides investors with valuable insights into VanEck Robotics' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the VanEck Robotics is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
VanEck Robotics is entity of United States. It is traded as Etf on NASDAQ exchange.