NIFTYETF (India) Performance
| NIFTYETF | 257.68 2.33 0.91% |
The etf secures a Beta (Market Risk) of 0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NIFTYETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding NIFTYETF is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days NIFTYETF has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable technical and fundamental indicators, NIFTYETF is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Navi MF to merge its Nifty 50 ETF into Nifty 50 Index Fund What changes for investors - CNBCTV18 | 10/31/2024 |
NIFTYETF |
NIFTYETF Relative Risk vs. Return Landscape
If you would invest 26,957 in NIFTYETF on September 2, 2024 and sell it today you would lose (1,189) from holding NIFTYETF or give up 4.41% of portfolio value over 90 days. NIFTYETF is generating negative expected returns and assumes 0.7982% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than NIFTYETF, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NIFTYETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NIFTYETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as NIFTYETF, and traders can use it to determine the average amount a NIFTYETF'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 = -0.0843
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| Negative Returns | NIFTYETF |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NIFTYETF 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 NIFTYETF by adding NIFTYETF to a well-diversified portfolio.
| NIFTYETF generated a negative expected return over the last 90 days |