Nbi Sustainable Canadian Etf Key Fundamental Indicators
| NSCE Etf | CAD 46.39 0.11 0.24% |
As of the 29th of January, NBI Sustainable secures the Mean Deviation of 0.4982, market risk adjusted performance of (0.31), and Standard Deviation of 0.7586. In connection with fundamental indicators, the technical analysis model lets you check helpful technical drivers of NBI Sustainable Canadian, as well as the relationship between them.
NBI Sustainable's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing NBI Sustainable's valuation are provided below:NBI Sustainable Canadian does not today have any fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. NBI |
NBI Sustainable 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to NBI Sustainable's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of NBI Sustainable.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in NBI Sustainable on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding NBI Sustainable Canadian or generate 0.0% return on investment in NBI Sustainable over 90 days. NBI Sustainable is related to or competes with IShares Core, Vanguard Dividend, IShares SPTSX, Mackenzie Canadian, IShares Core, Vanguard FTSE, and Vanguard FTSE. NBI SUSTAINABLE is traded on Toronto Stock Exchange in Canada. More
NBI Sustainable Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure NBI Sustainable's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess NBI Sustainable Canadian upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 5.68 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 0.8236 |
NBI Sustainable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NBI Sustainable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NBI Sustainable's standard deviation. In reality, there are many statistical measures that can use NBI Sustainable historical prices to predict the future NBI Sustainable's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.32) |
NBI Sustainable January 29, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.31) | |||
| Mean Deviation | 0.4982 | |||
| Coefficient Of Variation | (927.65) | |||
| Standard Deviation | 0.7586 | |||
| Variance | 0.5754 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.32) | |||
| Maximum Drawdown | 5.68 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 0.8236 | |||
| Skewness | (1.85) | |||
| Kurtosis | 9.2 |
NBI Sustainable Canadian Backtested Returns
NBI Sustainable Canadian has Sharpe Ratio of -0.11, which conveys that the etf had a -0.11 % return per unit of volatility over the last 3 months. NBI Sustainable exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NBI Sustainable's Market Risk Adjusted Performance of (0.31), mean deviation of 0.4982, and Standard Deviation of 0.7586 to check out the risk estimate we provide. The entity secures a Beta (Market Risk) of 0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NBI Sustainable's returns are expected to increase less than the market. However, during the bear market, the loss of holding NBI Sustainable is expected to be smaller as well.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
NBI Sustainable Canadian has almost perfect reverse predictability. Overlapping area represents the amount of predictability between NBI Sustainable time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NBI Sustainable Canadian price movement. The serial correlation of -0.74 indicates that around 74.0% of current NBI Sustainable price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 1.39 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, NBI Sustainable Canadian has a Beta of 0.53. This is much higher than that of the National Bank Investments Inc family and significantly higher than that of the Canadian Equity category. The beta for all Canada etfs is notably lower than that of the firm.
NBI Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NBI Sustainable's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of NBI Sustainable could also be used in its relative valuation, which is a method of valuing NBI Sustainable by comparing valuation metrics of similar companies.NBI Sustainable is currently under evaluation in beta as compared to similar ETFs.
NBI Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NBI Sustainable's current stock value. Our valuation model uses many indicators to compare NBI Sustainable value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NBI Sustainable competition to find correlations between indicators driving NBI Sustainable's intrinsic value. More Info.NBI Sustainable Canadian is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in one year return as compared to similar ETFs reporting about 15.28 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value NBI Sustainable by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NBI Sustainable's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Fund Asset Allocation for NBI Sustainable
The fund invests 99.25% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides NBI Sustainable's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
As returns on the market increase, NBI Sustainable's returns are expected to increase less than the market. However, during the bear market, the loss of holding NBI Sustainable is expected to be smaller as well.
NBI Fundamentals
| Beta | 0.53 | |||
| Total Asset | 1.04 B | |||
| One Year Return | 8.10 % | |||
| Three Year Return | 13.60 % | |||
| Five Year Return | 12.50 % | |||
| Net Asset | 1.04 B | |||
| Equity Positions Weight | 99.25 % |
About NBI Sustainable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NBI Sustainable Canadian's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NBI Sustainable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NBI Sustainable Canadian based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.NBI SUSTAINABLE is traded on Toronto Stock Exchange in Canada.
Pair Trading with NBI Sustainable
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NBI Sustainable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NBI Sustainable will appreciate offsetting losses from the drop in the long position's value.Moving against NBI Etf
| 0.84 | HBGD-U | Global X Big | PairCorr |
| 0.81 | HBGD | Global X Big | PairCorr |
| 0.51 | XIC | iShares Core SPTSX | PairCorr |
| 0.51 | ZCN | BMO SPTSX Capped | PairCorr |
| 0.51 | VCN | Vanguard FTSE Canada | PairCorr |
The ability to find closely correlated positions to NBI Sustainable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NBI Sustainable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NBI Sustainable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NBI Sustainable Canadian to buy it.
The correlation of NBI Sustainable is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NBI Sustainable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NBI Sustainable Canadian moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NBI Sustainable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in NBI Etf
NBI Sustainable financial ratios help investors to determine whether NBI Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NBI with respect to the benefits of owning NBI Sustainable security.