Aztlan Global Stock Etf Performance
The etf shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aztlan Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aztlan Global is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Aztlan Global Stock has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Aztlan Global is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Aztlan |
Aztlan Global Relative Risk vs. Return Landscape
If you would invest 2,383 in Aztlan Global Stock on December 17, 2024 and sell it today you would lose (51.00) from holding Aztlan Global Stock or give up 2.14% of portfolio value over 90 days. Aztlan Global Stock is currently does not generate positive expected returns and assumes 1.1926% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than Aztlan, 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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Aztlan Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aztlan Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Aztlan Global Stock, and traders can use it to determine the average amount a Aztlan Global'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 = -0.0243
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| Negative Returns | AZTD |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aztlan Global 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 Aztlan Global by adding Aztlan Global to a well-diversified portfolio.
Aztlan Global Fundamentals Growth
Aztlan Etf prices reflect investors' perceptions of the future prospects and financial health of Aztlan Global, and Aztlan Global 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 Aztlan Etf performance.
| Total Asset | 2.71 M | |||
| Aztlan Global Stock is not yet fully synchronised with the market data | |
| Aztlan Global Stock generated a negative expected return over the last 90 days | |
| Aztlan Global Stock has some characteristics of a very speculative penny stock | |
| The fund holds 99.65% of its assets under management (AUM) in equities |
Check out Trending Equities 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 estimate. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Tools for Aztlan Etf
When running Aztlan Global's price analysis, check to measure Aztlan Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aztlan Global is operating at the current time. Most of Aztlan Global's value examination focuses on studying past and present price action to predict the probability of Aztlan Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aztlan Global's price. Additionally, you may evaluate how the addition of Aztlan Global to your portfolios can decrease your overall portfolio volatility.
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