CAIXA ETF (Brazil) Performance
| XBOV11 Etf | BRL 123.27 1.04 0.85% |
The entity shows a Beta (market volatility) of -0.0475, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CAIXA ETF are expected to decrease at a much lower rate. During the bear market, CAIXA ETF is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days CAIXA ETF Ibovespa has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Etf's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the ETF investors. ...more
| Fifty Two Week Low | 54.84 | |
| Fifty Two Week High | 103.82 |
CAIXA |
CAIXA ETF Relative Risk vs. Return Landscape
If you would invest 13,214 in CAIXA ETF Ibovespa on September 1, 2024 and sell it today you would lose (887.00) from holding CAIXA ETF Ibovespa or give up 6.71% of portfolio value over 90 days. CAIXA ETF Ibovespa is generating negative expected returns and assumes 0.8144% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than CAIXA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CAIXA ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CAIXA ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CAIXA ETF Ibovespa, and traders can use it to determine the average amount a CAIXA ETF'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 = -0.1292
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XBOV11 |
Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CAIXA ETF 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 CAIXA ETF by adding CAIXA ETF to a well-diversified portfolio.
About CAIXA ETF Performance
By analyzing CAIXA ETF's fundamental ratios, stakeholders can gain valuable insights into CAIXA ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CAIXA ETF 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 CAIXA ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The CAIXA ETF Ibovespa Index Fund is an internationally recognized Exchange Traded Fund .| CAIXA ETF Ibovespa generated a negative expected return over the last 90 days |
Other Information on Investing in CAIXA Etf
CAIXA ETF financial ratios help investors to determine whether CAIXA 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 CAIXA with respect to the benefits of owning CAIXA ETF security.