Nbi Unconstrained Fixed Etf Performance
| NUBF Etf | CAD 21.26 0.14 0.66% |
The entity secures a Beta (Market Risk) of 0.0408, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NBI Unconstrained's returns are expected to increase less than the market. However, during the bear market, the loss of holding NBI Unconstrained is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days NBI Unconstrained Fixed has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, NBI Unconstrained is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
NBI |
NBI Unconstrained Relative Risk vs. Return Landscape
If you would invest 2,135 in NBI Unconstrained Fixed on August 28, 2024 and sell it today you would lose (9.00) from holding NBI Unconstrained Fixed or give up 0.42% of portfolio value over 90 days. NBI Unconstrained Fixed is generating negative expected returns and assumes 0.4118% volatility on return distribution over the 90 days horizon. Simply put, 3% 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 |
| Risk |
NBI Unconstrained Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NBI Unconstrained's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as NBI Unconstrained Fixed, and traders can use it to determine the average amount a NBI Unconstrained'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 = -0.0145
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NUBF |
Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NBI Unconstrained 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 NBI Unconstrained by adding NBI Unconstrained to a well-diversified portfolio.
NBI Unconstrained Fundamentals Growth
NBI Etf prices reflect investors' perceptions of the future prospects and financial health of NBI Unconstrained, and NBI Unconstrained 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 | 2.13 B | |||
About NBI Unconstrained Performance
By examining NBI Unconstrained's fundamental ratios, stakeholders can obtain critical insights into NBI Unconstrained'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 Unconstrained 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 UNCONSTRAINED is traded on Toronto Stock Exchange in Canada.| NBI Unconstrained generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| NBI Unconstrained Fixed maintains about 37.07% of its assets in bonds |
Other Information on Investing in NBI Etf
NBI Unconstrained 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 Unconstrained security.