Microsectors Solactive Fang Etf Performance
| BULZ Etf | USD 126.25 0.56 0.44% |
The etf secures a Beta (Market Risk) of 2.41, which conveys 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, MicroSectors Solactive will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days MicroSectors Solactive FANG has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Etf's essential indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the ETF investors. ...more
1 | BULZ A Leveraged Play On The Magnificent 7 - Seeking Alpha | 04/12/2024 |
MicroSectors |
MicroSectors Solactive Relative Risk vs. Return Landscape
If you would invest 14,305 in MicroSectors Solactive FANG on March 7, 2024 and sell it today you would lose (1,680) from holding MicroSectors Solactive FANG or give up 11.74% of portfolio value over 90 days. MicroSectors Solactive FANG is currently does not generate positive expected returns and assumes 3.7726% risk (volatility on return distribution) over the 90 days horizon. In different words, 33% of etfs are less volatile than MicroSectors, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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MicroSectors Solactive Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MicroSectors Solactive's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as MicroSectors Solactive FANG, and traders can use it to determine the average amount a MicroSectors Solactive'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 = -0.0337
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| Negative Returns | BULZ |
Estimated Market Risk
| 3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MicroSectors Solactive 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 MicroSectors Solactive by adding MicroSectors Solactive to a well-diversified portfolio.
MicroSectors Solactive Fundamentals Growth
MicroSectors Etf prices reflect investors' perceptions of the future prospects and financial health of MicroSectors Solactive, and MicroSectors Solactive 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 MicroSectors Etf performance.
| Total Asset | 228.56 M | |||
About MicroSectors Solactive Performance
To evaluate MicroSectors Solactive 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 MicroSectors Solactive 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 MicroSectors 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 MicroSectors Solactive market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents MicroSectors'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.Microsectors Fang is traded on NYSEARCA Exchange in the United States.| MicroSectors Solactive generated a negative expected return over the last 90 days | |
| MicroSectors Solactive has high historical volatility and very poor performance | |
| The fund holds all of its assets under management (AUM) in equities |
Additional Information and Resources on Investing in MicroSectors Etf
When determining whether MicroSectors Solactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MicroSectors Solactive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Microsectors Solactive Fang Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Microsectors Solactive Fang Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MicroSectors Solactive FANG. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of MicroSectors Solactive is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Solactive's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Solactive'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 MicroSectors Solactive's market value can be influenced by many factors that don't directly affect MicroSectors Solactive'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 MicroSectors Solactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Solactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Solactive'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.