Guardian Ultra Short Canadian Etf Performance
| GCTB Etf | 50.09 0.02 0.04% |
The etf retains a Market Volatility (i.e., Beta) of 0.0038, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Guardian Ultra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guardian Ultra is expected to be smaller as well.
Risk-Adjusted Performance
62 of 100
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Market Crasher
Compared to the overall equity markets, risk-adjusted returns on investments in Guardian Ultra Short Canadian are ranked lower than 62 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Guardian Ultra is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
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Guardian Ultra Relative Risk vs. Return Landscape
If you would invest 4,961 in Guardian Ultra Short Canadian on September 13, 2024 and sell it today you would earn a total of 48.00 from holding Guardian Ultra Short Canadian or generate 0.97% return on investment over 90 days. Guardian Ultra Short Canadian is generating 0.0153% of daily returns and assumes 0.0193% volatility on return distribution over the 90 days horizon. Simply put, 0% of etfs are less volatile than Guardian, 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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Guardian Ultra Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guardian Ultra's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Guardian Ultra Short Canadian, and traders can use it to determine the average amount a Guardian Ultra'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 = 0.7908
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| GCTB |
Based on monthly moving average Guardian Ultra is performing at about 62% 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 Guardian Ultra by adding it to a well-diversified portfolio.
About Guardian Ultra Performance
By examining Guardian Ultra's fundamental ratios, stakeholders can obtain critical insights into Guardian Ultra'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 Guardian Ultra 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.
| Guardian is showing solid risk-adjusted performance over 90 days |
Other Information on Investing in Guardian Etf
Guardian Ultra financial ratios help investors to determine whether Guardian 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 Guardian with respect to the benefits of owning Guardian Ultra security.