Aim Etf Products Etf Performance
| NVBW Etf | USD 29.06 0.01 0.03% |
The etf shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AIM ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding AIM ETF is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in AIM ETF Products are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable fundamental drivers, AIM ETF is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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AIM |
AIM ETF Relative Risk vs. Return Landscape
If you would invest 2,862 in AIM ETF Products on January 20, 2024 and sell it today you would earn a total of 44.00 from holding AIM ETF Products or generate 1.54% return on investment over 90 days. AIM ETF Products is currently generating 0.0243% in daily expected returns and assumes 0.1374% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than AIM, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
AIM ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AIM ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as AIM ETF Products, and traders can use it to determine the average amount a AIM 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 = 0.1769
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NVBW |
Estimated Market Risk
| 0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average AIM ETF is performing at about 13% 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 AIM ETF by adding it to a well-diversified portfolio.
About AIM ETF Performance
To evaluate AIM ETF Products 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 AIM ETF 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 AIM 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 AIM ETF Products market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents AIM'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.AIM ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.