Agfiq Market Neutral Etf Performance
| QBTL Etf | CAD 20.95 0.10 0.48% |
The etf shows a Beta (market volatility) of 0.0516, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AGFiQ Market's returns are expected to increase less than the market. However, during the bear market, the loss of holding AGFiQ Market is expected to be smaller as well.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in AGFiQ Market Neutral are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, AGFiQ Market may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
AGFiQ |
AGFiQ Market Relative Risk vs. Return Landscape
If you would invest 1,927 in AGFiQ Market Neutral on December 24, 2024 and sell it today you would earn a total of 168.00 from holding AGFiQ Market Neutral or generate 8.72% return on investment over 90 days. AGFiQ Market Neutral is generating 0.1502% of daily returns and assumes 1.6365% volatility on return distribution over the 90 days horizon. Simply put, 14% of etfs are less volatile than AGFiQ, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
AGFiQ Market Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGFiQ Market's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as AGFiQ Market Neutral, and traders can use it to determine the average amount a AGFiQ Market'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 = 0.0918
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | QBTL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.15 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average AGFiQ Market is performing at about 7% 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 AGFiQ Market by adding it to a well-diversified portfolio.
AGFiQ Market Fundamentals Growth
AGFiQ Etf prices reflect investors' perceptions of the future prospects and financial health of AGFiQ Market, and AGFiQ Market fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on AGFiQ Etf performance.
| Total Asset | 238.89 M | |||
About AGFiQ Market Performance
By examining AGFiQ Market's fundamental ratios, stakeholders can obtain critical insights into AGFiQ Market's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that AGFiQ Market is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The AGFiQ US Market Neutral Anti-Beta CAD-Hedged ETF seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Target Anti-Beta Index. AGFIQ US is traded on Toronto Stock Exchange in Canada.| The fund maintains most of the assets in different exotic instruments. |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in AGFiQ Market Neutral. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.