Devant Recebiveis (Brazil) Manager Performance Evaluation
| DEVA11 Fund | BRL 31.52 0.74 2.40% |
The fund shows a Beta (market volatility) of -0.0026, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Devant Recebiveis are expected to decrease at a much lower rate. During the bear market, Devant Recebiveis is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Devant Recebiveis Imobiliarios has generated negative risk-adjusted returns adding no value to fund investors. Despite weak performance in the last few months, the Fund's basic indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the fund investors.
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Devant Recebiveis Relative Risk vs. Return Landscape
If you would invest 3,766 in Devant Recebiveis Imobiliarios on August 26, 2024 and sell it today you would lose (614.00) from holding Devant Recebiveis Imobiliarios or give up 16.3% of portfolio value over 90 days. Devant Recebiveis Imobiliarios is generating negative expected returns and assumes 1.172% volatility on return distribution over the 90 days horizon. Simply put, 10% of funds are less volatile than Devant, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Devant Recebiveis Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Devant Recebiveis' investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Devant Recebiveis Imobiliarios, and traders can use it to determine the average amount a Devant Recebiveis' 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 = -0.2312
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DEVA11 |
Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Devant Recebiveis 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 Devant Recebiveis by adding Devant Recebiveis to a well-diversified portfolio.
About Devant Recebiveis Performance
By analyzing Devant Recebiveis' fundamental ratios, stakeholders can gain valuable insights into Devant Recebiveis' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Devant Recebiveis 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 Devant Recebiveis has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Devant Recebiveis performance evaluation
Checking the ongoing alerts about Devant Recebiveis for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Devant Recebiveis help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Devant Recebiveis generated a negative expected return over the last 90 days |
- Analyzing Devant Recebiveis' 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 Devant Recebiveis' stock is overvalued or undervalued compared to its peers.
- Examining Devant Recebiveis' 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 Devant Recebiveis' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Devant Recebiveis' management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Devant Recebiveis' fund. These opinions can provide insight into Devant Recebiveis' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Devant Fund
Devant Recebiveis financial ratios help investors to determine whether Devant Fund 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 Devant with respect to the benefits of owning Devant Recebiveis security.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |