Scotia International Equity Etf Performance
| SITI Etf | 27.39 0.25 0.92% |
The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Scotia International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scotia International is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Scotia International Equity are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, Scotia International is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Former investment banker charged with unlicensed fund management, misrepresentation - The Malaysian Reserve | 09/18/2024 |
2 | Scotia International Equity ETF Quote - Press Release - The Globe and Mail | 11/20/2024 |
Scotia |
Scotia International Relative Risk vs. Return Landscape
If you would invest 2,682 in Scotia International Equity on September 5, 2024 and sell it today you would earn a total of 57.00 from holding Scotia International Equity or generate 2.13% return on investment over 90 days. Scotia International Equity is generating 0.0349% of daily returns and assumes 0.6345% volatility on return distribution over the 90 days horizon. Simply put, 5% of etfs are less volatile than Scotia, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Scotia International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scotia International's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Scotia International Equity, and traders can use it to determine the average amount a Scotia International'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 = 0.0549
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SITI |
Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Scotia International is performing at about 4% 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 Scotia International by adding it to a well-diversified portfolio.
About Scotia International Performance
By analyzing Scotia International's fundamental ratios, stakeholders can gain valuable insights into Scotia International's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Scotia International has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Scotia International has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Scotia International is entity of Canada. It is traded as Etf on NEO exchange.| Latest headline from news.google.com: Scotia International Equity ETF Quote - Press Release - The Globe and Mail |
Other Information on Investing in Scotia Etf
Scotia International financial ratios help investors to determine whether Scotia 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 Scotia with respect to the benefits of owning Scotia International security.