FNB ETN (South Africa) Performance
| JPETNQ Etf | 2,689 56.00 2.13% |
The etf owns a Beta (Systematic Risk) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, FNB ETN's returns are expected to increase less than the market. However, during the bear market, the loss of holding FNB ETN is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in FNB ETN JPMORGQ are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, FNB ETN sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
FNB |
FNB ETN Relative Risk vs. Return Landscape
If you would invest 236,100 in FNB ETN JPMORGQ on October 20, 2024 and sell it today you would earn a total of 32,800 from holding FNB ETN JPMORGQ or generate 13.89% return on investment over 90 days. FNB ETN JPMORGQ is generating 0.41% of daily returns and assumes 1.777% volatility on return distribution over the 90 days horizon. Simply put, 15% of etfs are less volatile than FNB, and 92% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
FNB ETN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FNB ETN's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as FNB ETN JPMORGQ, and traders can use it to determine the average amount a FNB ETN'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 = 0.2307
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | JPETNQ | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.78 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average FNB ETN is performing at about 18% 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 FNB ETN by adding it to a well-diversified portfolio.
About FNB ETN Performance
By analyzing FNB ETN's fundamental ratios, stakeholders can gain valuable insights into FNB ETN's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if FNB ETN 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 FNB ETN has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.