Brookstone Yield Etf Performance
| BAMY Etf | 26.30 0.01 0.04% |
The etf shows a Beta (market volatility) of -0.0084, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Brookstone Yield are expected to decrease at a much lower rate. During the bear market, Brookstone Yield is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Brookstone Yield ETF has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong primary indicators, Brookstone Yield is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Brookstone |
Brookstone Yield Relative Risk vs. Return Landscape
If you would invest 2,653 in Brookstone Yield ETF on December 24, 2024 and sell it today you would lose (23.00) from holding Brookstone Yield ETF or give up 0.87% of portfolio value over 90 days. Brookstone Yield ETF is currently does not generate positive expected returns and assumes 0.2522% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than Brookstone, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Brookstone Yield Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookstone Yield's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Brookstone Yield ETF, and traders can use it to determine the average amount a Brookstone Yield'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 = -0.0563
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| Negative Returns | BAMY |
Estimated Market Risk
| 0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Brookstone Yield 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 Brookstone Yield by adding Brookstone Yield to a well-diversified portfolio.
About Brookstone Yield Performance
Evaluating Brookstone Yield's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Brookstone Yield has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Brookstone Yield has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Brookstone Yield ETF generated a negative expected return over the last 90 days |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookstone Yield ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of Brookstone Yield ETF is measured differently than its book value, which is the value of Brookstone that is recorded on the company's balance sheet. Investors also form their own opinion of Brookstone Yield's value that differs from its market value or its book value, called intrinsic value, which is Brookstone Yield's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookstone Yield's market value can be influenced by many factors that don't directly affect Brookstone Yield's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookstone Yield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookstone Yield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookstone Yield's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.