Energy Income Etf Performance
| ENI-UN Etf | CAD 1.70 0.01 0.58% |
The etf shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Energy Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Energy Income is expected to be smaller as well.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Energy Income are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak forward indicators, Energy Income may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Energy |
Energy Income Relative Risk vs. Return Landscape
If you would invest 161.00 in Energy Income on August 30, 2024 and sell it today you would earn a total of 9.00 from holding Energy Income or generate 5.59% return on investment over 90 days. Energy Income is generating 0.1072% of daily returns and assumes 1.9793% volatility on return distribution over the 90 days horizon. Simply put, 17% of etfs are less volatile than Energy, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Energy Income Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Energy Income's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Energy Income, and traders can use it to determine the average amount a Energy Income'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 = 0.0542
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| Cash | Small Risk | ENI-UN | High Risk | Huge Risk |
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Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Energy Income is performing at about 4% 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 Energy Income by adding it to a well-diversified portfolio.
Energy Income Fundamentals Growth
Energy Etf prices reflect investors' perceptions of the future prospects and financial health of Energy Income, and Energy Income fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Energy Etf performance.
| Return On Equity | -21.27 | |||
| Return On Asset | -13.11 | |||
| Operating Margin | 130.01 % | |||
| Current Valuation | (1.81 M) | |||
| Shares Outstanding | 4.22 M | |||
| Price To Earning | 13.48 X | |||
| Price To Book | 0.77 X | |||
| Price To Sales | (4.26) X | |||
| Revenue | (1.54 M) | |||
| Cash And Equivalents | 7.87 M | |||
| Cash Per Share | 2.04 X | |||
| Book Value Per Share | 2.01 X | |||
| Cash Flow From Operations | 1.16 M | |||
| Earnings Per Share | (0.48) X | |||
About Energy Income Performance
By analyzing Energy Income's fundamental ratios, stakeholders can gain valuable insights into Energy Income's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Energy Income 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 Energy Income has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Energy Income Fund is a close ended equity mutual fund launched by Artemis Investment Management Limited. Energy Income Fund was formed on August 29, 2005 and is domiciled in Canada. ENERGY INCOME operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.| Energy Income may become a speculative penny stock | |
| Net Loss for the year was (2 M) with loss before overhead, payroll, taxes, and interest of (1.54 M). |
Other Information on Investing in Energy Etf
Energy Income financial ratios help investors to determine whether Energy 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 Energy with respect to the benefits of owning Energy Income security.