Nu Renda (Brazil) Manager Performance Evaluation
| NDIV11 Fund | 103.90 2.81 2.78% |
The fund owns a Beta (Systematic Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nu Renda's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nu Renda is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Nu Renda Ibov has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong forward indicators, Nu Renda is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreNDIV11 |
Nu Renda Relative Risk vs. Return Landscape
If you would invest 10,352 in Nu Renda Ibov on December 14, 2024 and sell it today you would earn a total of 38.00 from holding Nu Renda Ibov or generate 0.37% return on investment over 90 days. Nu Renda Ibov is generating 0.0126% of daily returns and assumes 1.1294% volatility on return distribution over the 90 days horizon. Simply put, 10% of funds are less volatile than NDIV11, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nu Renda Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nu Renda's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Nu Renda Ibov, and traders can use it to determine the average amount a Nu Renda'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 = 0.0111
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NDIV11 |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nu Renda is not performing at its full potential. However, 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 Nu Renda by adding Nu Renda to a well-diversified portfolio.
Things to note about Nu Renda Ibov performance evaluation
Checking the ongoing alerts about Nu Renda for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Nu Renda Ibov help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Nu Renda's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nu Renda's fund performance include:- Analyzing Nu Renda's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nu Renda's stock is overvalued or undervalued compared to its peers.
- Examining Nu Renda's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nu Renda's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nu Renda's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Nu Renda's fund. These opinions can provide insight into Nu Renda's potential for growth and whether the stock is currently undervalued or overvalued.
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