Research Affiliates Deletions Etf Performance
| NIXT Etf | 27.88 0.10 0.36% |
The etf holds a Beta of 1.05, which implies a somewhat significant risk relative to the market. Research Affiliates returns are very sensitive to returns on the market. As the market goes up or down, Research Affiliates is expected to follow.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Research Affiliates Deletions are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively fragile basic indicators, Research Affiliates unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Is Hedera ETF Next In Line After First US HBAR Trust Launch - CoinGape | 10/01/2024 |
Research |
Research Affiliates Relative Risk vs. Return Landscape
If you would invest 2,477 in Research Affiliates Deletions on September 3, 2024 and sell it today you would earn a total of 311.00 from holding Research Affiliates Deletions or generate 12.56% return on investment over 90 days. Research Affiliates Deletions is currently generating 0.2068% in daily expected returns and assumes 1.1227% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Research, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Research Affiliates Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Research Affiliates' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Research Affiliates Deletions, and traders can use it to determine the average amount a Research Affiliates' 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 = 0.1842
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NIXT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Research Affiliates is performing at about 14% 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 Research Affiliates by adding it to a well-diversified portfolio.
About Research Affiliates Performance
Assessing Research Affiliates' fundamental ratios provides investors with valuable insights into Research Affiliates' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Research Affiliates is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Research Affiliates is entity of United States. It is traded as Etf on NASDAQ exchange.