Nyse Declining Volume Index Performance
| NVLD Index | 944.88 1,199 55.92% |
The index secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and NYSE Declining are completely uncorrelated.
NYSE Declining Relative Risk vs. Return Landscape
If you would invest 102,223 in NYSE Declining Volume on September 21, 2024 and sell it today you would earn a total of 112,117 from holding NYSE Declining Volume or generate 109.68% return on investment over 90 days. NYSE Declining Volume is generating 13.3401% of daily returns and assumes 55.8855% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than NYSE on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NYSE Declining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NYSE Declining's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as NYSE Declining Volume, and traders can use it to determine the average amount a NYSE Declining'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 = 0.2387
| Best Portfolio | Best Equity | NVLD | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 55.89 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average NYSE Declining 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 NYSE Declining by adding it to a well-diversified portfolio.