Ovs Spa Etf Performance
| OVS Etf | USD 35.28 0.54 1.55% |
The etf holds a Beta of 0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, OVS SpA's returns are expected to increase less than the market. However, during the bear market, the loss of holding OVS SpA is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days OVS SpA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, OVS SpA is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Overlay Shares to Transfer Funds to Cboe BZX Exchange - PR Newswire | 11/05/2024 |
2 | Milan OVS in free fall - Borsa Italiana | 11/21/2024 |
3 | Bullish block trade of CH OVS G OCEANS 882K shares at 1.76, 1.552M turnover - AASTOCKS.com | 12/17/2024 |
| In Threey Sharp Ratio | 0.01 |
OVS |
OVS SpA Relative Risk vs. Return Landscape
If you would invest 3,514 in OVS SpA on October 7, 2024 and sell it today you would earn a total of 14.00 from holding OVS SpA or generate 0.4% return on investment over 90 days. OVS SpA is generating 0.0162% of daily returns assuming volatility of 1.4265% on return distribution over 90 days investment horizon. In other words, 12% of etfs are less volatile than OVS, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
OVS SpA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OVS SpA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as OVS SpA, and traders can use it to determine the average amount a OVS SpA'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 = 0.0114
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OVS |
Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OVS SpA 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 OVS SpA by adding OVS SpA to a well-diversified portfolio.
OVS SpA Fundamentals Growth
OVS Etf prices reflect investors' perceptions of the future prospects and financial health of OVS SpA, and OVS SpA 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 OVS Etf performance.
| Total Asset | 6.68 M | |||
About OVS SpA Performance
Assessing OVS SpA's fundamental ratios provides investors with valuable insights into OVS SpA's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the OVS SpA 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 fund is an actively-managed exchange-traded fund that seeks to achieve its objective by investing in one or more other ETFs that seek to obtain exposure to the performance of U.S. small cap equity securities or directly in the securities held by such ETFs and selling and purchasing listed short-term put options to generate income to the fund. Overlay Shares is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Bullish block trade of CH OVS G OCEANS 882K shares at 1.76, 1.552M turnover - AASTOCKS.com | |
| The fund maintains 97.1% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OVS SpA. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of OVS SpA is measured differently than its book value, which is the value of OVS that is recorded on the company's balance sheet. Investors also form their own opinion of OVS SpA's value that differs from its market value or its book value, called intrinsic value, which is OVS SpA'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 OVS SpA's market value can be influenced by many factors that don't directly affect OVS SpA'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 OVS SpA's value and its price as these two are different measures arrived at by different means. Investors typically determine if OVS SpA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OVS SpA'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.