Nbi High Yield Etf Performance

NHYB Etf  CAD 21.79  0.17  0.79%   
The entity secures a Beta (Market Risk) of 0.039, 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
  

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   
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Assuming the 90 days trading horizon NBI High is expected to generate 0.43 times more return on investment than the market. However, the company is 2.32 times less risky than the market. It trades about 0.09 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.02 per unit of 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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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 Asset787.56 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.
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.