FNB ETN (South Africa) Performance
| BHETNQ Etf | 2,261 20.00 0.88% |
The etf owns a Beta (Systematic Risk) of 0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, FNB ETN's returns are expected to increase less than the market. However, during the bear market, the loss of holding FNB ETN is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in FNB ETN BERKSHQ are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, FNB ETN is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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FNB ETN Relative Risk vs. Return Landscape
If you would invest 220,200 in FNB ETN BERKSHQ on October 23, 2024 and sell it today you would earn a total of 5,900 from holding FNB ETN BERKSHQ or generate 2.68% return on investment over 90 days. FNB ETN BERKSHQ is generating 0.0525% of daily returns and assumes 1.1193% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than FNB, 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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FNB ETN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FNB ETN's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as FNB ETN BERKSHQ, and traders can use it to determine the average amount a FNB ETN'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 = 0.0469
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average FNB ETN is performing at about 3% 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 FNB ETN by adding it to a well-diversified portfolio.
About FNB ETN Performance
By analyzing FNB ETN's fundamental ratios, stakeholders can gain valuable insights into FNB ETN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if FNB ETN 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 FNB ETN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.