Evolve Banks Enhanced Etf Performance
| CALL Etf | CAD 14.78 0.21 1.40% |
The etf shows a Beta (market volatility) of 0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, Evolve Banks' returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve Banks is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Evolve Banks Enhanced are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Evolve Banks displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | New Fund From YieldMax Uses Palantir Income Strategy - ETF Trends | 10/08/2024 |
2 | Spot Bitcoin ETF Options Hit Market as Price Surges - etf.com | 11/20/2024 |
| In Threey Sharp Ratio | 0.04 |
Evolve |
Evolve Banks Relative Risk vs. Return Landscape
If you would invest 1,288 in Evolve Banks Enhanced on September 3, 2024 and sell it today you would earn a total of 190.00 from holding Evolve Banks Enhanced or generate 14.75% return on investment over 90 days. Evolve Banks Enhanced is generating 0.2284% of daily returns and assumes 1.6665% volatility on return distribution over the 90 days horizon. Simply put, 14% of etfs are less volatile than Evolve, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Evolve Banks Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve Banks' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve Banks Enhanced, and traders can use it to determine the average amount a Evolve Banks' 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 = 0.1371
| Best Portfolio | Best Equity | |||
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| Small Returns | CALL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Evolve Banks is performing at about 10% of its full potential. 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 Evolve Banks by adding it to a well-diversified portfolio.
Evolve Banks Fundamentals Growth
Evolve Etf prices reflect investors' perceptions of the future prospects and financial health of Evolve Banks, and Evolve Banks 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 Evolve Etf performance.
| Total Asset | 4.12 M | |||
About Evolve Banks Performance
By examining Evolve Banks' fundamental ratios, stakeholders can obtain critical insights into Evolve Banks' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Evolve Banks is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
CALL seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged, or any successor thereto, while mitigating downside risk. EVOLVE US is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: Spot Bitcoin ETF Options Hit Market as Price Surges - etf.com | |
| The fund holds 99.95% of its assets under management (AUM) in equities |
Other Information on Investing in Evolve Etf
Evolve Banks financial ratios help investors to determine whether Evolve 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 Evolve with respect to the benefits of owning Evolve Banks security.