Nestyield Visionary Etf Performance
| EGGQ Etf | 39.78 0.01 0.03% |
The etf secures a Beta (Market Risk) of 0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NestYield Visionary's returns are expected to increase less than the market. However, during the bear market, the loss of holding NestYield Visionary is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in NestYield Visionary ETF are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. Even with relatively fragile technical and fundamental indicators, NestYield Visionary reported solid returns over the last few months and may actually be approaching a breakup point. ...more
NestYield |
NestYield Visionary Relative Risk vs. Return Landscape
If you would invest 0.00 in NestYield Visionary ETF on November 3, 2024 and sell it today you would earn a total of 3,907 from holding NestYield Visionary ETF or generate 9.223372036854776E16% return on investment over 90 days. NestYield Visionary ETF is currently generating 43.3946% in daily expected returns and assumes 208.5386% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than NestYield, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
NestYield Visionary Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NestYield Visionary's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as NestYield Visionary ETF, and traders can use it to determine the average amount a NestYield Visionary'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 = 0.2081
| Best Portfolio | Best Equity | EGGQ | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 208.54 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
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average NestYield Visionary is performing at about 16% 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 NestYield Visionary by adding it to a well-diversified portfolio.
About NestYield Visionary Performance
Assessing NestYield Visionary's fundamental ratios provides investors with valuable insights into NestYield Visionary's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the NestYield Visionary 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.
NestYield Visionary is entity of United States. It is traded as Etf on NASDAQ exchange.| NestYield Visionary is way too risky over 90 days horizon | |
| NestYield Visionary appears to be risky and price may revert if volatility continues |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in NestYield Visionary ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of NestYield Visionary ETF is measured differently than its book value, which is the value of NestYield that is recorded on the company's balance sheet. Investors also form their own opinion of NestYield Visionary's value that differs from its market value or its book value, called intrinsic value, which is NestYield Visionary's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NestYield Visionary's market value can be influenced by many factors that don't directly affect NestYield Visionary's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NestYield Visionary's value and its price as these two are different measures arrived at by different means. Investors typically determine if NestYield Visionary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NestYield Visionary's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.