Trend ETF (Brazil) Performance
| BOVX11 Etf | 12.49 0.20 1.58% |
The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Trend ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trend ETF is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Trend ETF Ibovespa has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Trend ETF is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Trend |
Trend ETF Relative Risk vs. Return Landscape
If you would invest 1,283 in Trend ETF Ibovespa on December 3, 2024 and sell it today you would lose (34.00) from holding Trend ETF Ibovespa or give up 2.65% of portfolio value over 90 days. Trend ETF Ibovespa is generating negative expected returns and assumes 1.1697% volatility on return distribution over the 90 days horizon. Simply put, 10% of etfs are less volatile than Trend, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Trend ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trend ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Trend ETF Ibovespa, and traders can use it to determine the average amount a Trend ETF'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 = -0.0319
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BOVX11 |
Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trend ETF 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 Trend ETF by adding Trend ETF to a well-diversified portfolio.
| Trend ETF Ibovespa generated a negative expected return over the last 90 days |