BICE11 (Brazil) Manager Performance Evaluation
| BICE11 Fund | 901.00 99.00 9.90% |
The fund owns a Beta (Systematic Risk) of 0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BICE11's returns are expected to increase less than the market. However, during the bear market, the loss of holding BICE11 is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days BICE11 has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong fundamental indicators, BICE11 is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreBICE11 |
BICE11 Relative Risk vs. Return Landscape
If you would invest 91,118 in BICE11 on September 12, 2024 and sell it today you would lose (1,018) from holding BICE11 or give up 1.12% of portfolio value over 90 days. BICE11 is generating 0.0292% of daily returns and assumes 3.1047% volatility on return distribution over the 90 days horizon. Simply put, 27% of funds are less volatile than BICE11, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BICE11 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BICE11's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as BICE11, and traders can use it to determine the average amount a BICE11'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 = 0.0094
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BICE11 |
Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.03 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 BICE11 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 BICE11 by adding BICE11 to a well-diversified portfolio.
Things to note about BICE11 performance evaluation
Checking the ongoing alerts about BICE11 for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for BICE11 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| BICE11 had very high historical volatility over the last 90 days |
- Analyzing BICE11's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether BICE11's stock is overvalued or undervalued compared to its peers.
- Examining BICE11's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating BICE11's management team can have a significant impact on its success or failure. Reviewing the track record and experience of BICE11's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of BICE11's fund. These opinions can provide insight into BICE11's potential for growth and whether the stock is currently undervalued or overvalued.
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