VETIVA S (Nigeria) Performance
| VSPBONDETF | 207.00 0.01 0% |
The entity has a beta of 25.91, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, VETIVA S will likely underperform.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in VETIVA S P are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather inconsistent 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 20,300 in VETIVA S P on September 5, 2024 and sell it today you would earn a total of 400.00 from holding VETIVA S P or generate 1.97% return on investment over 90 days. VETIVA S P is generating 22.1951% of daily returns and assumes 138.9756% 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 = 0.1597
| Best Portfolio | Best Equity | VSPBONDETF | ||
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Estimated Market Risk
| 138.98 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average VETIVA S is performing at about 12% 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.