Guardian I3 Global Etf Performance
| GIQG Etf | 29.85 0.14 0.47% |
The etf retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guardian's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guardian is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Guardian i3 Global are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Guardian is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.05 |
Guardian |
Guardian Relative Risk vs. Return Landscape
If you would invest 2,829 in Guardian i3 Global on September 1, 2024 and sell it today you would earn a total of 156.00 from holding Guardian i3 Global or generate 5.51% return on investment over 90 days. Guardian i3 Global is generating 0.0892% of daily returns and assumes 1.0396% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than Guardian, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Guardian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guardian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Guardian i3 Global, and traders can use it to determine the average amount a Guardian'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 = 0.0858
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Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Guardian is performing at about 6% 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 Guardian by adding it to a well-diversified portfolio.
Guardian Fundamentals Growth
Guardian Etf prices reflect investors' perceptions of the future prospects and financial health of Guardian, and Guardian 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 Guardian Etf performance.
About Guardian Performance
By examining Guardian's fundamental ratios, stakeholders can obtain critical insights into Guardian'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 Guardian 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.
Guardian is entity of Canada. It is traded as Etf on TO exchange.