Alphamark Actively Managed Etf Performance
| SMCP Etf | USD 29.25 0.14 0.48% |
The etf shows a Beta (market volatility) of 1.51, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AlphaMark Actively will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days AlphaMark Actively Managed has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable fundamental indicators, AlphaMark Actively is not utilizing all of its potentials. The recent stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | SMCP - Q4 sales and 2023 landing | 01/26/2024 |
2 | Trend Tracker for - Stock Traders Daily.com | 02/26/2024 |
3 | When Moves Investors should Listen - Stock Traders Daily | 04/17/2024 |
| In Threey Sharp Ratio | 0.07 |
AlphaMark |
AlphaMark Actively Relative Risk vs. Return Landscape
If you would invest 2,937 in AlphaMark Actively Managed on January 20, 2024 and sell it today you would lose (12.00) from holding AlphaMark Actively Managed or give up 0.41% of portfolio value over 90 days. AlphaMark Actively Managed is currently does not generate positive expected returns and assumes 1.1024% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than AlphaMark, 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 |
AlphaMark Actively Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AlphaMark Actively's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as AlphaMark Actively Managed, and traders can use it to determine the average amount a AlphaMark Actively'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 = -5.0E-4
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| Negative Returns | SMCP |
Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AlphaMark Actively is not performing at its full potential. However, 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 AlphaMark Actively by adding AlphaMark Actively to a well-diversified portfolio.
AlphaMark Actively Fundamentals Growth
AlphaMark Etf prices reflect investors' perceptions of the future prospects and financial health of AlphaMark Actively, and AlphaMark Actively fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on AlphaMark Etf performance.
| Price To Earning | 16.32 X | |||
| Price To Book | 2.01 X | |||
| Price To Sales | 1.36 X | |||
| Total Asset | 19.16 M | |||
About AlphaMark Actively Performance
To evaluate AlphaMark Actively 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 AlphaMark Actively 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 AlphaMark 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 AlphaMark Actively market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents AlphaMark'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.Under normal circumstances, the fund will invest at least 80 percent of its net assets directly or indirectly in small cap companies. Alphamark Actmg is traded on NASDAQ Exchange in the United States.| AlphaMark Actively generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: When Moves Investors should Listen - Stock Traders Daily | |
| The fund created three year return of 0.0% | |
| AlphaMark Actively maintains 98.66% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AlphaMark Actively Managed. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the AlphaMark Actively information on this page should be used as a complementary analysis to other AlphaMark Actively's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of AlphaMark Actively is measured differently than its book value, which is the value of AlphaMark that is recorded on the company's balance sheet. Investors also form their own opinion of AlphaMark Actively's value that differs from its market value or its book value, called intrinsic value, which is AlphaMark Actively's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AlphaMark Actively's market value can be influenced by many factors that don't directly affect AlphaMark Actively's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AlphaMark Actively's value and its price as these two are different measures arrived at by different means. Investors typically determine if AlphaMark Actively is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AlphaMark Actively's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.