Renaissance International Ipo Etf Performance
| IPOS Etf | USD 12.20 0.11 0.91% |
The etf holds a Beta of -0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Renaissance International are expected to decrease at a much lower rate. During the bear market, Renaissance International is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Renaissance International IPO has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest inconsistent performance, the Etf's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the exchange-traded fund private investors. ...more
1 | IPO News - US IPO Week Ahead Quiet week expected after flurry of biotech IPOs - Renaissance Capital | 09/13/2024 |
2 | IPO Roundup FrontView REIT, StandardAero and more - Seeking Alpha | 09/30/2024 |
3 | IPO News - US IPO Week Ahead Pony AI brings robotaxis to the IPO market - Renaissance Capital | 11/15/2024 |
| In Threey Sharp Ratio | -1.11 |
Renaissance |
Renaissance International Relative Risk vs. Return Landscape
If you would invest 1,332 in Renaissance International IPO on August 30, 2024 and sell it today you would lose (112.00) from holding Renaissance International IPO or give up 8.41% of portfolio value over 90 days. Renaissance International IPO is currently does not generate positive expected returns and assumes 1.4847% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of etfs are less volatile than Renaissance, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Renaissance International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Renaissance International's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Renaissance International IPO, and traders can use it to determine the average amount a Renaissance International'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 = -0.0865
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| Negative Returns | IPOS |
Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Renaissance International 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 Renaissance International by adding Renaissance International to a well-diversified portfolio.
Renaissance International Fundamentals Growth
Renaissance Etf prices reflect investors' perceptions of the future prospects and financial health of Renaissance International, and Renaissance International 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 Renaissance Etf performance.
| Price To Earning | 19.96 X | |||
| Price To Book | 1.84 X | |||
| Price To Sales | 0.75 X | |||
| Total Asset | 7.19 M | |||
About Renaissance International Performance
Assessing Renaissance International's fundamental ratios provides investors with valuable insights into Renaissance International's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Renaissance International is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its total assets in securities that comprise the index. Renaissance International is traded on NYSEARCA Exchange in the United States.| Renaissance International generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: IPO News - US IPO Week Ahead Pony AI brings robotaxis to the IPO market - Renaissance Capital | |
| This fund created-4.0 ten year return of -4.0% | |
| Renaissance International retains 99.62% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Renaissance International IPO. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Renaissance International is measured differently than its book value, which is the value of Renaissance that is recorded on the company's balance sheet. Investors also form their own opinion of Renaissance International's value that differs from its market value or its book value, called intrinsic value, which is Renaissance International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Renaissance International's market value can be influenced by many factors that don't directly affect Renaissance International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Renaissance International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Renaissance International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renaissance International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.