VETIVA S (Nigeria) Performance
| VSPBONDETF | 191.21 1.21 0.64% |
The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VETIVA S's returns are expected to increase less than the market. However, during the bear market, the loss of holding VETIVA S is expected to be smaller as well.
Risk-Adjusted Performance
OK
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Compared to the overall equity markets, risk-adjusted returns on investments in VETIVA S P are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, VETIVA S exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
VETIVA |
VETIVA S Relative Risk vs. Return Landscape
If you would invest 19,203 in VETIVA S P on December 23, 2024 and sell it today you would lose (82.00) from holding VETIVA S P or give up 0.43% of portfolio value over 90 days. VETIVA S P is generating 2.2509% of daily returns and assumes 22.4761% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than VETIVA 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 |
VETIVA S Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VETIVA S's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as VETIVA S P, and traders can use it to determine the average amount a VETIVA S'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 = 0.1001
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Estimated Market Risk
| 22.48 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.25 actual daily | 45 55% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average VETIVA S 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 VETIVA S by adding it to a well-diversified portfolio.