VETIVA INDUSTRIAL (Nigeria) Performance
| VETINDETF | 45.00 0.00 0.00% |
The entity has a beta of -0.0547, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VETIVA INDUSTRIAL are expected to decrease at a much lower rate. During the bear market, VETIVA INDUSTRIAL is likely to outperform the market. At this point, VETIVA INDUSTRIAL ETF has a negative expected return of -0.1%. Please make sure to validate VETIVA INDUSTRIAL's market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to decide if VETIVA INDUSTRIAL ETF performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days VETIVA INDUSTRIAL ETF has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
VETIVA |
VETIVA INDUSTRIAL Relative Risk vs. Return Landscape
If you would invest 4,800 in VETIVA INDUSTRIAL ETF on August 30, 2024 and sell it today you would lose (300.00) from holding VETIVA INDUSTRIAL ETF or give up 6.25% of portfolio value over 90 days. VETIVA INDUSTRIAL ETF is generating negative expected returns and assumes 0.6488% volatility on return distribution over the 90 days horizon. Simply put, 5% of stocks are less volatile than VETIVA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
VETIVA INDUSTRIAL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VETIVA INDUSTRIAL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as VETIVA INDUSTRIAL ETF, and traders can use it to determine the average amount a VETIVA INDUSTRIAL'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 = -0.1545
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | VETINDETF |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average VETIVA INDUSTRIAL 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 VETIVA INDUSTRIAL by adding VETIVA INDUSTRIAL to a well-diversified portfolio.
Things to note about VETIVA INDUSTRIAL ETF performance evaluation
Checking the ongoing alerts about VETIVA INDUSTRIAL for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for VETIVA INDUSTRIAL ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| VETIVA INDUSTRIAL generated a negative expected return over the last 90 days |
- Analyzing VETIVA INDUSTRIAL's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether VETIVA INDUSTRIAL's stock is overvalued or undervalued compared to its peers.
- Examining VETIVA INDUSTRIAL's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating VETIVA INDUSTRIAL's management team can have a significant impact on its success or failure. Reviewing the track record and experience of VETIVA INDUSTRIAL's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of VETIVA INDUSTRIAL's stock. These opinions can provide insight into VETIVA INDUSTRIAL's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for VETIVA Stock analysis
When running VETIVA INDUSTRIAL's price analysis, check to measure VETIVA INDUSTRIAL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VETIVA INDUSTRIAL is operating at the current time. Most of VETIVA INDUSTRIAL's value examination focuses on studying past and present price action to predict the probability of VETIVA INDUSTRIAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VETIVA INDUSTRIAL's price. Additionally, you may evaluate how the addition of VETIVA INDUSTRIAL to your portfolios can decrease your overall portfolio volatility.
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