Evolve Future Leadership Etf Performance
| LEAD-B Etf | CAD 25.25 0.08 0.32% |
The etf shows a Beta (market volatility) of 0.0297, which means not very significant fluctuations relative to the market. As returns on the market increase, Evolve Future's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve Future is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Evolve Future Leadership are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Evolve Future sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Evolve |
Evolve Future Relative Risk vs. Return Landscape
If you would invest 2,214 in Evolve Future Leadership on October 22, 2024 and sell it today you would earn a total of 311.00 from holding Evolve Future Leadership or generate 14.05% return on investment over 90 days. Evolve Future Leadership is generating 0.2235% of daily returns and assumes 1.5192% volatility on return distribution over the 90 days horizon. Simply put, 13% 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 Future Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve Future's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve Future Leadership, and traders can use it to determine the average amount a Evolve Future'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 = 0.1471
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Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Evolve Future is performing at about 11% 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 Future by adding it to a well-diversified portfolio.
Evolve Future Fundamentals Growth
Evolve Etf prices reflect investors' perceptions of the future prospects and financial health of Evolve Future, and Evolve Future 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 | 27.37 M | |||
About Evolve Future Performance
By analyzing Evolve Future's fundamental ratios, stakeholders can gain valuable insights into Evolve Future's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Evolve Future 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 Evolve Future has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
EVOLVE FUTURE is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: Crypto ETFs dominate top fund launches in 2024, led by record-breaking Bitcoin inflows - CryptoSlate | |
| The fund maintains 95.63% of its assets in stocks |
Other Information on Investing in Evolve Etf
Evolve Future 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 Future security.