Nbi Sustainable Canadian Etf Performance
| NSCE Etf | CAD 44.58 0.12 0.27% |
The entity secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NBI Sustainable's returns are expected to increase less than the market. However, during the bear market, the loss of holding NBI Sustainable is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in NBI Sustainable Canadian are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, NBI Sustainable is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
NBI |
NBI Sustainable Relative Risk vs. Return Landscape
If you would invest 4,190 in NBI Sustainable Canadian on September 1, 2024 and sell it today you would earn a total of 268.00 from holding NBI Sustainable Canadian or generate 6.4% return on investment over 90 days. NBI Sustainable Canadian is generating 0.098% of daily returns and assumes 0.4615% volatility on return distribution over the 90 days horizon. Simply put, 4% of etfs are less volatile than NBI, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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NBI Sustainable Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NBI Sustainable's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as NBI Sustainable Canadian, and traders can use it to determine the average amount a NBI Sustainable'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 = 0.2123
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Estimated Market Risk
| 0.46 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average NBI Sustainable 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 NBI Sustainable by adding it to a well-diversified portfolio.
NBI Sustainable Fundamentals Growth
NBI Etf prices reflect investors' perceptions of the future prospects and financial health of NBI Sustainable, and NBI Sustainable 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 NBI Etf performance.
| Total Asset | 1.04 B | |||
About NBI Sustainable Performance
By examining NBI Sustainable's fundamental ratios, stakeholders can obtain critical insights into NBI Sustainable's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that NBI Sustainable is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
NBI SUSTAINABLE is traded on Toronto Stock Exchange in Canada.Other Information on Investing in NBI Etf
NBI Sustainable financial ratios help investors to determine whether NBI 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 NBI with respect to the benefits of owning NBI Sustainable security.