It Now (Brazil) Performance
| MILL11 Etf | 82.73 0.00 0.00% |
The etf owns a Beta (Systematic Risk) of -0.0458, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning It Now are expected to decrease at a much lower rate. During the bear market, It Now is likely to outperform the market.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days It Now Msci has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong essential indicators, It Now is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
MILL11 |
It Now Relative Risk vs. Return Landscape
If you would invest (100.00) in It Now Msci on October 24, 2024 and sell it today you would earn a total of 100.00 from holding It Now Msci or generate -100.0% return on investment over 90 days. It Now Msci is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of etfs are less volatile than MILL11, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
It Now Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for It Now's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as It Now Msci, and traders can use it to determine the average amount a It Now'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 = 0.0
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| MILL11 |
Based on monthly moving average It Now is not performing at its full potential. However, 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 It Now by adding It Now to a well-diversified portfolio.
| It Now Msci is not yet fully synchronised with the market data |