Basic Materials (Brazil) Performance
| IMAT Index | 5,606 142.69 2.61% |
The index shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Basic Materials are completely uncorrelated.
Basic Materials Relative Risk vs. Return Landscape
If you would invest 581,559 in Basic Materials on November 2, 2024 and sell it today you would lose (21,004) from holding Basic Materials or give up 3.61% of portfolio value over 90 days. Basic Materials is generating negative expected returns and assumes 1.2631% volatility on return distribution over the 90 days horizon. Simply put, 11% of indexs are less volatile than Basic, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Basic Materials Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Basic Materials' investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as Basic Materials, and traders can use it to determine the average amount a Basic Materials' 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 = -0.0431
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IMAT |
Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Basic Materials 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 Basic Materials by adding Basic Materials to a well-diversified portfolio.
| Basic Materials generated a negative expected return over the last 90 days |