NBI Liquid Financials
| NALT Etf | CAD 22.03 0.01 0.05% |
3 y Sharp Ratio (0.18) |
NBI |
The data published in NBI Liquid's official financial statements typically reflect NBI Liquid's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving NBI Liquid's quantitative information. For example, before you start analyzing numbers published by NBI accountants, it's essential to understand NBI Liquid's liquidity, profitability, and earnings quality within the context of the Oil, Gas & Consumable Fuels space in which it operates.
NBI Liquid Etf Summary
NBI Liquid competes with AGFiQ Market, Purpose Diversified, Desjardins Alt, and NBI Canadian. The NBI ETFs investment objective is to provide a positive return while maintaining low correlation to, and lower volatility than, the return of the global equity markets. NBI LIQUID is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA62877T1066 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Oil, Gas & Consumable Fuels |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | +1 8774637627 |
| Currency | CAD - Canadian Dollar |
You should never invest in NBI Liquid without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NBI Etf, because this is throwing your money away. Analyzing the key information contained in NBI Liquid's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
NBI Liquid Key Financial Ratios
NBI Liquid's financial ratios allow both analysts and investors to convert raw data from NBI Liquid's financial statements into concise, actionable information that can be used to evaluate the performance of NBI Liquid over time and compare it to other companies across industries.NBI Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NBI Liquid's current stock value. Our valuation model uses many indicators to compare NBI Liquid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NBI Liquid competition to find correlations between indicators driving NBI Liquid's intrinsic value. More Info.NBI Liquid Alternatives is rated number one ETF in annual yield as compared to similar ETFs. It also is rated number one ETF in one year return as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value NBI Liquid by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NBI Liquid's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.NBI Liquid Alternatives Systematic Risk
NBI Liquid's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NBI Liquid volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on NBI Liquid Alternatives correlated with the market. If Beta is less than 0 NBI Liquid generally moves in the opposite direction as compared to the market. If NBI Liquid Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NBI Liquid Alternatives is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NBI Liquid is generally in the same direction as the market. If Beta > 1 NBI Liquid moves generally in the same direction as, but more than the movement of the benchmark.
NBI Liquid November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NBI Liquid help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NBI Liquid Alternatives. We use our internally-developed statistical techniques to arrive at the intrinsic value of NBI Liquid Alternatives based on widely used predictive technical indicators. In general, we focus on analyzing NBI Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NBI Liquid's daily price indicators and compare them against related drivers.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 2.26 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 0.7735 |
Other Information on Investing in NBI Etf
NBI Liquid financial ratios help investors to determine whether NBI Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NBI with respect to the benefits of owning NBI Liquid security.