ETF Diario (Mexico) Performance
| DIABLOI10 | MXN 11.06 0.01 0.09% |
The etf shows a Beta (market volatility) of -0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ETF Diario are expected to decrease at a much lower rate. During the bear market, ETF Diario is likely to outperform the market.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in ETF Diario Inverso are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong essential indicators, ETF Diario is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
| Fifty Two Week High | 16.50 |
ETF |
ETF Diario Relative Risk vs. Return Landscape
If you would invest 1,075 in ETF Diario Inverso on January 25, 2024 and sell it today you would earn a total of 31.00 from holding ETF Diario Inverso or generate 2.88% return on investment over 90 days. ETF Diario Inverso is generating 0.0502% of daily returns and assumes 0.8499% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than ETF, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ETF Diario Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETF Diario's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETF Diario Inverso, and traders can use it to determine the average amount a ETF Diario'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 = 0.059
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DIABLOI10 |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average ETF Diario 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 ETF Diario by adding it to a well-diversified portfolio.
About ETF Diario Performance
To evaluate ETF Diario Inverso Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ETF Diario generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ETF Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ETF Diario Inverso market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ETF's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.ETF Diario Inverso de Bolsa is an exchange traded fund launched and managed by Actinver Tracs, S. ETF Diario Inverso de Bolsa was formed on October 26, 2010 and is domiciled in Mexico. ACTINVER CASA is traded on Mexico Stock Exchange in Mexico.