Devant Recebiveis (Brazil) Manager Performance Evaluation
| DEVA11 Fund | BRL 29.97 0.17 0.57% |
The fund shows a Beta (market volatility) of 0.0428, which means not very significant fluctuations relative to the market. As returns on the market increase, Devant Recebiveis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Devant Recebiveis is expected to be smaller as well.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Devant Recebiveis Imobiliarios are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong basic indicators, Devant Recebiveis is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Devant Recebiveis Relative Risk vs. Return Landscape
If you would invest 2,924 in Devant Recebiveis Imobiliarios on December 29, 2024 and sell it today you would earn a total of 73.00 from holding Devant Recebiveis Imobiliarios or generate 2.5% return on investment over 90 days. Devant Recebiveis Imobiliarios is generating 0.0504% of daily returns and assumes 1.4246% volatility on return distribution over the 90 days horizon. Simply put, 12% of funds are less volatile than Devant, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Devant Recebiveis Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Devant Recebiveis' investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Devant Recebiveis Imobiliarios, and traders can use it to determine the average amount a Devant Recebiveis' 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 = 0.0354
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| Cash | Small Risk | DEVA11 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.05 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Devant Recebiveis is performing at about 2% 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 Devant Recebiveis by adding it to a well-diversified portfolio.
About Devant Recebiveis Performance
By analyzing Devant Recebiveis' fundamental ratios, stakeholders can gain valuable insights into Devant Recebiveis' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Devant Recebiveis 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 Devant Recebiveis has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Devant Recebiveis performance evaluation
Checking the ongoing alerts about Devant Recebiveis for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Devant Recebiveis help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Devant Recebiveis' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Devant Recebiveis' fund performance include:- Analyzing Devant Recebiveis' 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 Devant Recebiveis' stock is overvalued or undervalued compared to its peers.
- Examining Devant Recebiveis' 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 Devant Recebiveis' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Devant Recebiveis' management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Devant Recebiveis' fund. These opinions can provide insight into Devant Recebiveis' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Devant Fund
Devant Recebiveis financial ratios help investors to determine whether Devant Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Devant with respect to the benefits of owning Devant Recebiveis security.
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