VETIVA SUMER (Nigeria) Performance
| VETGOODS | 19.50 0.40 2.01% |
The entity has a beta of -0.0486, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VETIVA SUMER are expected to decrease at a much lower rate. During the bear market, VETIVA SUMER is likely to outperform the market.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in VETIVA SUMER GOODS are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile fundamental indicators, VETIVA SUMER exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
VETIVA |
VETIVA SUMER Relative Risk vs. Return Landscape
If you would invest 1,700 in VETIVA SUMER GOODS on December 23, 2024 and sell it today you would earn a total of 250.00 from holding VETIVA SUMER GOODS or generate 14.71% return on investment over 90 days. VETIVA SUMER GOODS is generating 0.2219% of daily returns and assumes 0.9001% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than VETIVA, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
VETIVA SUMER Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VETIVA SUMER's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VETIVA SUMER GOODS, and traders can use it to determine the average amount a VETIVA SUMER'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 = 0.2466
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average VETIVA SUMER is performing at about 19% 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 VETIVA SUMER by adding it to a well-diversified portfolio.