ETRACS 2x Leveraged Alpha and Beta Analysis
| ESUSDelisted Etf | USD 35.29 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ETRACS 2x Leveraged. It also helps investors analyze the systematic and unsystematic risks associated with investing in ETRACS 2x over a specified time horizon. Remember, high ETRACS 2x's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to ETRACS 2x's market risk premium analysis include:
Beta (46.17) | Alpha 286.01 | Risk 151.83 | Sharpe Ratio 0.14 | Expected Return 20.64 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
ETRACS |
ETRACS 2x Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ETRACS 2x market risk premium is the additional return an investor will receive from holding ETRACS 2x 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 ETRACS 2x. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate ETRACS 2x's performance over market.| α | 286.01 | β | -46.17 |
ETRACS 2x Fundamentals Vs Peers
Comparing ETRACS 2x's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ETRACS 2x's direct or indirect competition across all of the common fundamentals between ETRACS 2x and the related equities. This way, we can detect undervalued stocks with similar characteristics as ETRACS 2x or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of ETRACS 2x's fundamental indicators could also be used in its relative valuation, which is a method of valuing ETRACS 2x by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ETRACS 2x to competition |
| Fundamentals | ETRACS 2x | Peer Average |
| Beta | 2.04 | |
| One Year Return | 57.20 % | (0.97) % |
| Three Year Return | 8.70 % | 3.23 % |
ETRACS 2x Opportunities
ETRACS 2x Return and Market Media
The Etf did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About ETRACS 2x Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ETRACS or other delisted etfs. Alpha measures the amount that position in ETRACS 2x Leveraged has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ETRACS 2x in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ETRACS 2x's short interest history, or implied volatility extrapolated from ETRACS 2x options trading.
Build Portfolio with ETRACS 2x
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in ETRACS Etf
If you are still planning to invest in ETRACS 2x Leveraged check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ETRACS 2x's history and understand the potential risks before investing.
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