ETFS Ultra (Australia) Performance
| SNAS Etf | 27.62 0.43 1.53% |
The etf shows a Beta (market volatility) of -0.56, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ETFS Ultra are expected to decrease at a much lower rate. During the bear market, ETFS Ultra is likely to outperform the market.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in ETFS Ultra Short are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, ETFS Ultra unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
ETFS |
ETFS Ultra Relative Risk vs. Return Landscape
If you would invest 2,144 in ETFS Ultra Short on December 18, 2024 and sell it today you would earn a total of 661.00 from holding ETFS Ultra Short or generate 30.83% return on investment over 90 days. ETFS Ultra Short is generating 0.4957% of daily returns and assumes 3.1166% volatility on return distribution over the 90 days horizon. Simply put, 27% of etfs are less volatile than ETFS, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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ETFS Ultra Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETFS Ultra's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETFS Ultra Short, and traders can use it to determine the average amount a ETFS Ultra'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 = 0.1591
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average ETFS Ultra is performing at about 12% 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 ETFS Ultra by adding it to a well-diversified portfolio.
About ETFS Ultra Performance
Assessing ETFS Ultra's fundamental ratios provides investors with valuable insights into ETFS Ultra's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ETFS Ultra 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.
| ETFS Ultra Short had very high historical volatility over the last 90 days |
Other Information on Investing in ETFS Etf
ETFS Ultra financial ratios help investors to determine whether ETFS 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 ETFS with respect to the benefits of owning ETFS Ultra security.