Nbi Canadian Dividend Etf Profile
| NDIV Etf | CAD 30.09 0.46 1.51% |
Performance7 of 100
| Odds Of DistressLess than 9
|
NBI Canadian is selling at 30.09 as of the 3rd of May 2024; that is -1.51 percent decrease since the beginning of the trading day. The etf's open price was 30.55. NBI Canadian has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for NBI Canadian Dividend are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
NBI CANADIAN is traded on Toronto Stock Exchange in Canada. More on NBI Canadian Dividend
Moving together with NBI Etf
| 0.71 | ZWC | BMO Canadian High | PairCorr |
| 0.7 | PDC | Invesco Canadian Dividend | PairCorr |
| 0.76 | XEI | iShares SPTSX Composite | PairCorr |
| 0.84 | VDY | Vanguard FTSE Canadian | PairCorr |
| 0.76 | ZDV | BMO Canadian Dividend | PairCorr |
| 0.89 | DGRC | CI WisdomTree Canada | PairCorr |
NBI Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NBI Canadian's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NBI Canadian or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Canadian Dividend and Income Equity, National Bank Investments Inc (View all Sectors) |
| Updated At | 2nd of May 2024 |
NBI Canadian Dividend [NDIV] is traded in Canada and was established 2021-01-28. The fund is listed under Canadian Dividend and Income Equity category and is part of National Bank Investments Inc family. NBI Canadian Dividend now have 12.73 M in assets. , while the total return for the last 3 years was 6.7%.
Check NBI Canadian Probability Of Bankruptcy
Top NBI Canadian Dividend Etf Constituents
| TD | Toronto Dominion Bank | Stock | Financials |
| QBR-B | Quebecor | Stock | Communication Services |
| CNQ | Canadian Natural Resources | Stock | Energy |
| CNR | Canadian National Railway | Stock | Industrials |
| ENB | Enbridge | Stock | Energy |
| RY | Royal Bank of | Stock | Financials |
| WSP | WSP Global | Stock | Industrials |
NBI Canadian Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of NBI Canadian jumping above the current price in 90 days from now is about 36.21%. The NBI Canadian Dividend probability density function shows the probability of NBI Canadian etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon NBI Canadian Dividend has a beta of -0.0739. This indicates as returns on the benchmark increase, returns on holding NBI Canadian are expected to decrease at a much lower rate. During a bear market, however, NBI Canadian Dividend is likely to outperform the market. Additionally, nBI Canadian Dividend has an alpha of 0.0352, implying that it can generate a 0.0352 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of NBI Canadian to move above the current price in 90 days from now is about 36.21 (This NBI Canadian Dividend probability density function shows the probability of NBI Etf to fall within a particular range of prices over 90 days) .
NBI Canadian Dividend Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. NBI Canadian market risk premium is the additional return an investor will receive from holding NBI Canadian long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in NBI Canadian. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although NBI Canadian's alpha and beta are two of the key measurements used to evaluate NBI Canadian's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1862 | |||
| Standard Deviation | 0.4499 | |||
| Variance | 0.2024 | |||
| Risk Adjusted Performance | 0.0555 |
NBI Canadian Dividend Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. NBI Canadian Dividend Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe NBI Canadian price patterns.
NBI Canadian Against Markets
Picking the right benchmark for NBI Canadian etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NBI Canadian etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NBI Canadian is critical whether you are bullish or bearish towards NBI Canadian Dividend at a given time. Please also check how NBI Canadian's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in NBI Canadian without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio DiagnosticsUse generated alerts and portfolio events aggregator to diagnose current holdings |
| All Next | Launch Module |
How to buy NBI Etf?
Before investing in NBI Canadian, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in NBI Canadian. To buy NBI Canadian etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of NBI Canadian. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase NBI Canadian etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located NBI Canadian Dividend etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased NBI Canadian Dividend etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as NBI Canadian Dividend, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in NBI Canadian Dividend?
The danger of trading NBI Canadian Dividend is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NBI Canadian is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NBI Canadian. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NBI Canadian Dividend is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NBI Canadian Dividend. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.