Brigade High Income Etf Performance
| BHIIX Etf | 10.22 0.02 0.20% |
The etf shows a Beta (market volatility) of -0.0297, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Brigade High are expected to decrease at a much lower rate. During the bear market, Brigade High is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Brigade High Income has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong forward indicators, Brigade High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Brigade |
Brigade High Relative Risk vs. Return Landscape
If you would invest 1,024 in Brigade High Income on October 26, 2024 and sell it today you would lose (2.00) from holding Brigade High Income or give up 0.2% of portfolio value over 90 days. Brigade High Income is currently producing negative expected returns and takes up 0.3206% volatility of returns over 90 trading days. Put another way, 2% of traded etfs are less volatile than Brigade, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Brigade High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brigade High's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Brigade High Income, and traders can use it to determine the average amount a Brigade High'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 = -0.0087
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BHIIX |
Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Brigade High 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 Brigade High by adding Brigade High to a well-diversified portfolio.
About Brigade High Performance
Evaluating Brigade High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Brigade High has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Brigade High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its objective by investing in a diversified portfolio of high yield corporate bonds and loans, as well as through opportunistic investments amongst various sub-strategies within corporate credit. The adviser also intends to primarily invest in credit instruments that are rated below investment grade by some or all relevant independent rating agencies, including Moodys Investors Service, Standard and Poors Rating Services and Fitch Ratings.| Brigade High Income generated a negative expected return over the last 90 days |
Other Information on Investing in Brigade Etf
Brigade High financial ratios help investors to determine whether Brigade 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 Brigade with respect to the benefits of owning Brigade High security.