Sgi Enhanced Nasdaq 100 Etf Performance
| QXQ Etf | 27.48 0.22 0.81% |
The entity has a beta of 0.88, which indicates possible diversification benefits within a given portfolio. SGI Enhanced returns are very sensitive to returns on the market. As the market goes up or down, SGI Enhanced is expected to follow.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in SGI Enhanced Nasdaq 100 are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Even with relatively unsteady basic indicators, SGI Enhanced may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | RBB Announces Addition of Thomas M. Reynolds, CPA - Business Wire | 10/15/2024 |
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SGI Enhanced Relative Risk vs. Return Landscape
If you would invest 2,484 in SGI Enhanced Nasdaq 100 on September 3, 2024 and sell it today you would earn a total of 264.00 from holding SGI Enhanced Nasdaq 100 or generate 10.63% return on investment over 90 days. SGI Enhanced Nasdaq 100 is generating 0.1656% of daily returns assuming volatility of 1.2487% on return distribution over 90 days investment horizon. In other words, 11% of etfs are less volatile than SGI, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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SGI Enhanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SGI Enhanced's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SGI Enhanced Nasdaq 100, and traders can use it to determine the average amount a SGI Enhanced'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 = 0.1326
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average SGI Enhanced is performing at about 10% 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 SGI Enhanced by adding it to a well-diversified portfolio.
About SGI Enhanced Performance
Assessing SGI Enhanced's fundamental ratios provides investors with valuable insights into SGI Enhanced's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the SGI Enhanced 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.
SGI Enhanced is entity of United States. It is traded as Etf on NASDAQ exchange.