3edge Dynamic Fixed Etf Performance

EDGF Etf   24.47  0.03  0.12%   
The etf shows a Beta (market volatility) of 0.019, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 3EDGE Dynamic's returns are expected to increase less than the market. However, during the bear market, the loss of holding 3EDGE Dynamic is expected to be smaller as well.

Risk-Adjusted Performance

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Over the last 90 days 3EDGE Dynamic Fixed has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, 3EDGE Dynamic is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
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3EDGE Asset Management Selects SEI to Launch ETFs
10/30/2024
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Brompton Funds Announces Termination of Distribution Reinvestment Plan for Its Exchange Traded Funds - GlobeNewswire
10/31/2024
  

3EDGE Dynamic Relative Risk vs. Return Landscape

If you would invest  2,469  in 3EDGE Dynamic Fixed on October 12, 2024 and sell it today you would lose (22.00) from holding 3EDGE Dynamic Fixed or give up 0.89% of portfolio value over 90 days. 3EDGE Dynamic Fixed is currently does not generate positive expected returns and assumes 0.1526% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than 3EDGE, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
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Given the investment horizon of 90 days 3EDGE Dynamic is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 5.24 times less risky than the market. the firm trades about -0.1 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.02 of returns per unit of risk over similar time horizon.

3EDGE Dynamic Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for 3EDGE Dynamic's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 3EDGE Dynamic Fixed, and traders can use it to determine the average amount a 3EDGE Dynamic'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 = -0.0954

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Estimated Market Risk

 0.15
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Expected Return

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Risk-Adjusted Return

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Based on monthly moving average 3EDGE Dynamic 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 3EDGE Dynamic by adding 3EDGE Dynamic to a well-diversified portfolio.

About 3EDGE Dynamic Performance

By analyzing 3EDGE Dynamic's fundamental ratios, stakeholders can gain valuable insights into 3EDGE Dynamic's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if 3EDGE Dynamic has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if 3EDGE Dynamic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
3EDGE Dynamic is entity of United States. It is traded as Etf on NYSE ARCA exchange.
3EDGE Dynamic Fixed generated a negative expected return over the last 90 days
When determining whether 3EDGE Dynamic Fixed is a strong investment it is important to analyze 3EDGE Dynamic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3EDGE Dynamic's future performance. For an informed investment choice regarding 3EDGE Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 3EDGE Dynamic Fixed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of 3EDGE Dynamic Fixed is measured differently than its book value, which is the value of 3EDGE that is recorded on the company's balance sheet. Investors also form their own opinion of 3EDGE Dynamic's value that differs from its market value or its book value, called intrinsic value, which is 3EDGE Dynamic'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 3EDGE Dynamic's market value can be influenced by many factors that don't directly affect 3EDGE Dynamic'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 3EDGE Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3EDGE Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3EDGE Dynamic'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.