Guardian Canadian Bond Etf Performance
| GCBD Etf | 18.64 0.01 0.05% |
The etf retains a Market Volatility (i.e., Beta) of -0.0203, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Guardian Canadian are expected to decrease at a much lower rate. During the bear market, Guardian Canadian is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Guardian Canadian Bond are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Guardian Canadian is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Guardian Capital Announces Increase in Distribution Frequency in respect of certain Guardian Capital Funds - Yahoo Finance UK | 01/10/2025 |
Guardian |
Guardian Canadian Relative Risk vs. Return Landscape
If you would invest 1,815 in Guardian Canadian Bond on December 22, 2024 and sell it today you would earn a total of 49.00 from holding Guardian Canadian Bond or generate 2.7% return on investment over 90 days. Guardian Canadian Bond is generating 0.0444% of daily returns and assumes 0.39% volatility on return distribution over the 90 days horizon. Simply put, 3% of etfs are less volatile than Guardian, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Guardian Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guardian Canadian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Guardian Canadian Bond, and traders can use it to determine the average amount a Guardian Canadian'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 = 0.1139
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| Negative Returns | GCBD |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Guardian Canadian 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 Guardian Canadian by adding it to a well-diversified portfolio.
Guardian Canadian Fundamentals Growth
Guardian Etf prices reflect investors' perceptions of the future prospects and financial health of Guardian Canadian, and Guardian Canadian fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Guardian Etf performance.
About Guardian Canadian Performance
By examining Guardian Canadian's fundamental ratios, stakeholders can obtain critical insights into Guardian Canadian'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 Guardian Canadian 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.
Guardian Canadian is entity of Canada. It is traded as Etf on TO exchange.