Ned Davis Research Etf Performance
| NDAA Etf | 19.59 0.05 0.25% |
The etf secures a Beta (Market Risk) of 0.53, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Ned Davis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ned Davis is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Ned Davis Research has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Ned Davis is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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Ned |
Ned Davis Relative Risk vs. Return Landscape
If you would invest 1,978 in Ned Davis Research on December 23, 2024 and sell it today you would lose (19.00) from holding Ned Davis Research or give up 0.96% of portfolio value over 90 days. Ned Davis Research is currently does not generate positive expected returns and assumes 0.646% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Ned, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Ned Davis Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ned Davis' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Ned Davis Research, and traders can use it to determine the average amount a Ned Davis' 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 = -0.0213
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NDAA |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ned Davis 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 Ned Davis by adding Ned Davis to a well-diversified portfolio.
About Ned Davis Performance
By analyzing Ned Davis' fundamental ratios, stakeholders can gain valuable insights into Ned Davis' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ned Davis 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 Ned Davis has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ned Davis is entity of United States. It is traded as Etf on NASDAQ exchange.| Ned Davis Research generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Red Cat Holdings, Inc. Drones Selected as Winners in Blue UAS Refresh for NDAA Compliance - Nasdaq |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ned Davis Research. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of Ned Davis Research is measured differently than its book value, which is the value of Ned that is recorded on the company's balance sheet. Investors also form their own opinion of Ned Davis' value that differs from its market value or its book value, called intrinsic value, which is Ned Davis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ned Davis' market value can be influenced by many factors that don't directly affect Ned Davis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ned Davis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ned Davis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ned Davis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.