Brompton European Dividend Etf Performance
| EDGF Etf | CAD 11.05 0.11 0.99% |
The etf shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brompton European's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brompton European is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Brompton European Dividend are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Brompton European may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
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Brompton European Relative Risk vs. Return Landscape
If you would invest 1,031 in Brompton European Dividend on December 27, 2024 and sell it today you would earn a total of 74.00 from holding Brompton European Dividend or generate 7.18% return on investment over 90 days. Brompton European Dividend is generating 0.1174% of daily returns and assumes 1.0573% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than Brompton, and 98% 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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Brompton European Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brompton European's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Brompton European Dividend, and traders can use it to determine the average amount a Brompton European'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 = 0.111
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Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Brompton European is performing at about 8% 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 Brompton European by adding it to a well-diversified portfolio.
About Brompton European Performance
By examining Brompton European's fundamental ratios, stakeholders can obtain critical insights into Brompton European's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Brompton European is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Brompton European is entity of Canada. It is traded as Etf on TO exchange.