Purpose Global Innovators Etf Performance
| PINV Etf | CAD 23.20 0.01 0.04% |
The etf holds a Beta of 0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Purpose Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Purpose Global is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Purpose Global Innovators has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Etf's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
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Purpose Global Relative Risk vs. Return Landscape
If you would invest 2,531 in Purpose Global Innovators on September 25, 2025 and sell it today you would lose (211.00) from holding Purpose Global Innovators or give up 8.34% of portfolio value over 90 days. Purpose Global Innovators is generating negative expected returns and assumes 1.7861% volatility on return distribution over the 90 days horizon. Simply put, 16% of etfs are less volatile than Purpose, 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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Purpose Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Purpose Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Purpose Global Innovators, and traders can use it to determine the average amount a Purpose Global'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 = -0.0685
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| Negative Returns | PINV |
Estimated Market Risk
| 1.79 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Purpose Global 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 Purpose Global by adding Purpose Global to a well-diversified portfolio.
Purpose Global Fundamentals Growth
Purpose Etf prices reflect investors' perceptions of the future prospects and financial health of Purpose Global, and Purpose Global 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 Purpose Etf performance.
| Total Asset | 47.77 M | |||
About Purpose Global Performance
By examining Purpose Global's fundamental ratios, stakeholders can obtain critical insights into Purpose Global'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 Purpose Global 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.
The Funds investment objective is to provide Shareholders with long term capital growth through the selection, management and strategic sector rotation and trading of global positions in equity, debt and derivative securities. PURPOSE GLOBAL is traded on Toronto Stock Exchange in Canada.| Purpose Global generated a negative expected return over the last 90 days | |
| The fund generated five year return of -5.0% | |
| Purpose Global Innovators maintains 92.13% of its assets in stocks |
Other Information on Investing in Purpose Etf
Purpose Global financial ratios help investors to determine whether Purpose 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 Purpose with respect to the benefits of owning Purpose Global security.