Alexis Practical Tactical Etf Performance
| LEXI Etf | USD 31.59 0.40 1.25% |
The etf shows a Beta (market volatility) of 0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alexis Practical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alexis Practical 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 Alexis Practical Tactical are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong basic indicators, Alexis Practical is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders. ...more
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| In Threey Sharp Ratio | 0.29 |
Alexis |
Alexis Practical Relative Risk vs. Return Landscape
If you would invest 3,003 in Alexis Practical Tactical on September 16, 2024 and sell it today you would earn a total of 156.00 from holding Alexis Practical Tactical or generate 5.19% return on investment over 90 days. Alexis Practical Tactical is currently generating 0.0795% in daily expected returns and assumes 0.557% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% of etfs are less volatile than Alexis, 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 |
Alexis Practical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alexis Practical's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Alexis Practical Tactical, and traders can use it to determine the average amount a Alexis Practical'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 = 0.1427
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Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Alexis Practical 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 Alexis Practical by adding it to a well-diversified portfolio.
Alexis Practical Fundamentals Growth
Alexis Etf prices reflect investors' perceptions of the future prospects and financial health of Alexis Practical, and Alexis Practical 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 Alexis Etf performance.
| Total Asset | 47.29 M | |||
About Alexis Practical Performance
By evaluating Alexis Practical's fundamental ratios, stakeholders can gain valuable insights into Alexis Practical's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Alexis Practical 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 Alexis Practical has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
In seeking to achieve its investment objective, the fund has the flexibility to allocate its assets in markets around the world and among various asset classes , and real estate and strategies, including alternative strategies . Alexis Practical is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: When Moves Investors should Listen - Stock Traders Daily | |
| The fund maintains 91.41% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alexis Practical Tactical. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of Alexis Practical Tactical is measured differently than its book value, which is the value of Alexis that is recorded on the company's balance sheet. Investors also form their own opinion of Alexis Practical's value that differs from its market value or its book value, called intrinsic value, which is Alexis Practical'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 Alexis Practical's market value can be influenced by many factors that don't directly affect Alexis Practical'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 Alexis Practical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alexis Practical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alexis Practical'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.