Elevation Series Trust Etf Performance
| CBLS Etf | USD 28.25 0.22 0.77% |
The etf shows a Beta (market volatility) of 0.3, which means not very significant fluctuations relative to the market. As returns on the market increase, Elevation Series' returns are expected to increase less than the market. However, during the bear market, the loss of holding Elevation Series is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Elevation Series Trust are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady essential indicators, Elevation Series may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
| In Threey Sharp Ratio | 0.02 |
Elevation |
Elevation Series Relative Risk vs. Return Landscape
If you would invest 2,523 in Elevation Series Trust on October 27, 2024 and sell it today you would earn a total of 302.00 from holding Elevation Series Trust or generate 11.97% return on investment over 90 days. Elevation Series Trust is currently generating 0.1922% in daily expected returns and assumes 0.8536% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Elevation, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Elevation Series Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elevation Series' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Elevation Series Trust, and traders can use it to determine the average amount a Elevation Series' 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 = 0.2252
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Elevation Series is performing at about 17% 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 Elevation Series by adding it to a well-diversified portfolio.
Elevation Series Fundamentals Growth
Elevation Etf prices reflect investors' perceptions of the future prospects and financial health of Elevation Series, and Elevation Series 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 Elevation Etf performance.
| Total Asset | 4.95 M | |||
About Elevation Series Performance
Assessing Elevation Series' fundamental ratios provides investors with valuable insights into Elevation Series' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Elevation Series is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The Adviser also considers an assessment of a companys ESG attributes in determining the attractiveness of an investment opportunity. Changebridge Capital is traded on NYSEARCA Exchange in the United States.