VETIVA BANKING (Nigeria) Performance
| VETBANK Stock | 10.20 0.00 0.00% |
On a scale of 0 to 100, VETIVA BANKING holds a performance score of 15. The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VETIVA BANKING are expected to decrease at a much lower rate. During the bear market, VETIVA BANKING is likely to outperform the market. Please check VETIVA BANKING's jensen alpha, and the relationship between the standard deviation and skewness , to make a quick decision on whether VETIVA BANKING's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in VETIVA BANKING ETF are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite quite inconsistent basic indicators, VETIVA BANKING disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
VETIVA |
VETIVA BANKING Relative Risk vs. Return Landscape
If you would invest 890.00 in VETIVA BANKING ETF on September 14, 2024 and sell it today you would earn a total of 130.00 from holding VETIVA BANKING ETF or generate 14.61% return on investment over 90 days. VETIVA BANKING ETF is generating 0.2261% of daily returns and assumes 1.1267% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than VETIVA, and 96% 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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VETIVA BANKING Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for VETIVA BANKING's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as VETIVA BANKING ETF, and traders can use it to determine the average amount a VETIVA BANKING'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 = 0.2007
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Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average VETIVA BANKING 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 VETIVA BANKING by adding it to a well-diversified portfolio.
Things to note about VETIVA BANKING ETF performance evaluation
Checking the ongoing alerts about VETIVA BANKING for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for VETIVA BANKING ETF help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating VETIVA BANKING's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate VETIVA BANKING's stock performance include:- Analyzing VETIVA BANKING's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether VETIVA BANKING's stock is overvalued or undervalued compared to its peers.
- Examining VETIVA BANKING's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating VETIVA BANKING's management team can have a significant impact on its success or failure. Reviewing the track record and experience of VETIVA BANKING's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of VETIVA BANKING's stock. These opinions can provide insight into VETIVA BANKING's potential for growth and whether the stock is currently undervalued or overvalued.