Renw Etf Performance
The etf holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and RENW are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days RENW has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, RENW is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
RENW |
RENW Relative Risk vs. Return Landscape
If you would invest (100.00) in RENW on December 12, 2024 and sell it today you would earn a total of 100.00 from holding RENW or generate -100.0% return on investment over 90 days. RENW is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than RENW, 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 |
RENW Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RENW's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as RENW, and traders can use it to determine the average amount a RENW'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 = 0.0
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Based on monthly moving average RENW 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 RENW by adding RENW to a well-diversified portfolio.
RENW Fundamentals Growth
RENW Etf prices reflect investors' perceptions of the future prospects and financial health of RENW, and RENW 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 RENW Etf performance.
| Total Asset | 2.69 M | |||
| RENW is not yet fully synchronised with the market data | |
| RENW has some characteristics of a very speculative penny stock | |
| The fund maintains 99.72% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Tools for RENW Etf
When running RENW's price analysis, check to measure RENW's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RENW is operating at the current time. Most of RENW's value examination focuses on studying past and present price action to predict the probability of RENW's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RENW's price. Additionally, you may evaluate how the addition of RENW to your portfolios can decrease your overall portfolio volatility.
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