Agfiq Market Neutral Etf Performance
| QBTL Etf | CAD 19.15 0.05 0.26% |
The etf shows a Beta (market volatility) of -0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AGFiQ Market are expected to decrease at a much lower rate. During the bear market, AGFiQ Market is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days AGFiQ Market Neutral 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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AGFiQ Market Relative Risk vs. Return Landscape
If you would invest 2,093 in AGFiQ Market Neutral on September 1, 2024 and sell it today you would lose (178.00) from holding AGFiQ Market Neutral or give up 8.5% of portfolio value over 90 days. AGFiQ Market Neutral is generating negative expected returns and assumes 0.7754% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than AGFiQ, 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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AGFiQ Market Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGFiQ Market's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as AGFiQ Market Neutral, and traders can use it to determine the average amount a AGFiQ Market'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 = -0.1752
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| Negative Returns | QBTL |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AGFiQ Market 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 AGFiQ Market by adding AGFiQ Market to a well-diversified portfolio.
AGFiQ Market Fundamentals Growth
AGFiQ Etf prices reflect investors' perceptions of the future prospects and financial health of AGFiQ Market, and AGFiQ Market 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 AGFiQ Etf performance.
| Total Asset | 238.89 M | |||
About AGFiQ Market Performance
By examining AGFiQ Market's fundamental ratios, stakeholders can obtain critical insights into AGFiQ Market'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 AGFiQ Market 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 AGFiQ US Market Neutral Anti-Beta CAD-Hedged ETF seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Target Anti-Beta Index. AGFIQ US is traded on Toronto Stock Exchange in Canada.| AGFiQ Market Neutral generated a negative expected return over the last 90 days | |
| The fund maintains most of the assets in different exotic instruments. |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in AGFiQ Market Neutral. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.