Nordnet Teknologi (Ireland) Manager Performance Evaluation
| 0P0001M5YQ | 238.11 0.00 0.00% |
The fund secures a Beta (Market Risk) of -0.0021, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nordnet Teknologi are expected to decrease at a much lower rate. During the bear market, Nordnet Teknologi is likely to outperform the market.
Risk-Adjusted Performance
12 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in Nordnet Teknologi Indeks are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of very inconsistent primary indicators, Nordnet Teknologi may actually be approaching a critical reversion point that can send shares even higher in February 2025.
...moreNordnet |
Nordnet Teknologi Relative Risk vs. Return Landscape
If you would invest 21,425 in Nordnet Teknologi Indeks on October 11, 2024 and sell it today you would earn a total of 2,386 from holding Nordnet Teknologi Indeks or generate 11.14% return on investment over 90 days. Nordnet Teknologi Indeks is generating 0.1829% of daily returns and assumes 1.1739% volatility on return distribution over the 90 days horizon. Simply put, 10% of funds are less volatile than Nordnet, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nordnet Teknologi Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordnet Teknologi's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Nordnet Teknologi Indeks, and traders can use it to determine the average amount a Nordnet Teknologi'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 = 0.1558
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Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Nordnet Teknologi is performing at about 12% 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 Nordnet Teknologi by adding it to a well-diversified portfolio.
Things to note about Nordnet Teknologi Indeks performance evaluation
Checking the ongoing alerts about Nordnet Teknologi for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Nordnet Teknologi Indeks help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Nordnet Teknologi's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nordnet Teknologi's fund performance include:- Analyzing Nordnet Teknologi'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 Nordnet Teknologi's stock is overvalued or undervalued compared to its peers.
- Examining Nordnet Teknologi'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 Nordnet Teknologi's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nordnet Teknologi's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Nordnet Teknologi's fund. These opinions can provide insight into Nordnet Teknologi's potential for growth and whether the stock is currently undervalued or overvalued.
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