Trend ETF (Brazil) Performance

BOVX11 Etf   13.46  0.02  0.15%   
The entity has a beta of 0.0801, which indicates not very significant fluctuations relative to the market. 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

Good

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Trend ETF Ibovespa are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Trend ETF may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
  

Trend ETF Relative Risk vs. Return Landscape

If you would invest  1,228  in Trend ETF Ibovespa on December 24, 2024 and sell it today you would earn a total of  118.00  from holding Trend ETF Ibovespa or generate 9.61% return on investment over 90 days. Trend ETF Ibovespa is generating 0.1613% of daily returns and assumes 1.0754% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than Trend, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon Trend ETF is expected to generate 1.29 times more return on investment than the market. However, the company is 1.29 times more volatile than its market benchmark. It trades about 0.15 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.06 per unit of 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 = 0.15

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsBOVX11
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.08
  actual daily
9
91% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Trend ETF is performing at about 11% 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 Trend ETF by adding it to a well-diversified portfolio.