Nbi High Yield Etf Performance
| NHYB Etf | CAD 21.79 0.17 0.79% |
The entity secures a Beta (Market Risk) of 0.0557, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NBI High's returns are expected to increase less than the market. However, during the bear market, the loss of holding NBI High is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in NBI High Yield are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, NBI High is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Trading With Integrated Risk Controls - Stock Traders Daily | 02/18/2025 |
NBI |
NBI High Relative Risk vs. Return Landscape
If you would invest 2,135 in NBI High Yield on December 18, 2024 and sell it today you would earn a total of 44.00 from holding NBI High Yield or generate 2.06% return on investment over 90 days. NBI High Yield is generating 0.0347% of daily returns and assumes 0.3684% volatility on return distribution over the 90 days horizon. Simply put, 3% of etfs are less volatile than NBI, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NBI High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NBI High's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as NBI High Yield, and traders can use it to determine the average amount a NBI 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 = 0.0941
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| Negative Returns | NHYB |
Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average NBI High is performing at about 7% 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 NBI High by adding it to a well-diversified portfolio.
NBI High Fundamentals Growth
NBI Etf prices reflect investors' perceptions of the future prospects and financial health of NBI High, and NBI High fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NBI Etf performance.
| Total Asset | 787.56 M | |||
About NBI High Performance
By examining NBI High's fundamental ratios, stakeholders can obtain critical insights into NBI High's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that NBI High is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
NBI HIGH is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: Trading With Integrated Risk Controls - Stock Traders Daily | |
| The fund maintains about 5.44% of its assets in bonds |
Other Information on Investing in NBI Etf
NBI High financial ratios help investors to determine whether NBI Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NBI with respect to the benefits of owning NBI High security.