Ab High Dividend Etf Performance
| HIDV Etf | 74.94 0.37 0.50% |
The entity owns a Beta (Systematic Risk) of 0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AB High's returns are expected to increase less than the market. However, during the bear market, the loss of holding AB High is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in AB High Dividend are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal fundamental indicators, AB High may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Best-Performing Dividend ETFs of the First Nine Months of 2024 - Yahoo Finance | 10/07/2024 |
HIDV |
AB High Relative Risk vs. Return Landscape
If you would invest 6,895 in AB High Dividend on September 2, 2024 and sell it today you would earn a total of 599.00 from holding AB High Dividend or generate 8.69% return on investment over 90 days. AB High Dividend is currently generating 0.1324% in daily expected returns and assumes 0.6633% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than HIDV, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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AB High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AB High's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as AB High Dividend, and traders can use it to determine the average amount a AB High'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 = 0.1996
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| Cash | HIDV | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average AB High is performing at about 15% 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 AB High by adding it to a well-diversified portfolio.
About AB High Performance
Evaluating AB High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if AB High 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 AB High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
AB High is entity of United States. It is traded as Etf on NYSE ARCA exchange.