Microsectors Travel 3x Etf Performance
| FLYU Etf | USD 40.54 2.23 5.82% |
The etf secures a Beta (Market Risk) of 2.71, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MicroSectors Travel will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days MicroSectors Travel 3X has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Etf's basic indicators remain comparatively stable which may send shares a bit higher in April 2025. The newest uproar may also be a sign of mid-term up-swing for the exchange-traded fund private investors. ...more
1 | Hologic Teams Up With the CDC to Combat H5N1 Bird Flu Stock to Gain - Yahoo Finance | 12/24/2024 |
2 | MicroSectors Travel 3x Leveraged ETN Sees Unusually-High Trading Volume Still a Buy | 01/10/2025 |
3 | MicroSectors Travel 3x Leveraged ETN Shares Down 7.1 percent Time to Sell | 02/05/2025 |
4 | MicroSectors Travel 3x Leveraged ETN Shares Gap Up Whats Next | 02/27/2025 |
MicroSectors |
MicroSectors Travel Relative Risk vs. Return Landscape
If you would invest 5,996 in MicroSectors Travel 3X on December 17, 2024 and sell it today you would lose (1,942) from holding MicroSectors Travel 3X or give up 32.39% of portfolio value over 90 days. MicroSectors Travel 3X is currently does not generate positive expected returns and assumes 4.458% risk (volatility on return distribution) over the 90 days horizon. In different words, 39% of etfs are less volatile than MicroSectors, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
MicroSectors Travel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MicroSectors Travel's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as MicroSectors Travel 3X, and traders can use it to determine the average amount a MicroSectors Travel'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 = -0.1233
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| Negative Returns | FLYU |
Estimated Market Risk
| 4.46 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MicroSectors Travel 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 MicroSectors Travel by adding MicroSectors Travel to a well-diversified portfolio.
About MicroSectors Travel Performance
Assessing MicroSectors Travel's fundamental ratios provides investors with valuable insights into MicroSectors Travel's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the MicroSectors Travel 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.
MicroSectors Travel is entity of United States. It is traded as Etf on NYSE ARCA exchange.| MicroSectors Travel generated a negative expected return over the last 90 days | |
| MicroSectors Travel has high historical volatility and very poor performance | |
| Latest headline from thelincolnianonline.com: MicroSectors Travel 3x Leveraged ETN Shares Gap Up Whats Next |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors Travel 3X. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of MicroSectors Travel is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Travel's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Travel'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 MicroSectors Travel's market value can be influenced by many factors that don't directly affect MicroSectors Travel'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 MicroSectors Travel's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Travel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Travel'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.