Etf Managers Group Etf Performance
| VALT Etf | USD 48.52 0.01 0.02% |
The etf shows a Beta (market volatility) of -0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ETF Managers are expected to decrease at a much lower rate. During the bear market, ETF Managers is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days ETF Managers Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable essential indicators, ETF Managers is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| In Threey Sharp Ratio | -0.60 |
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ETF Managers Relative Risk vs. Return Landscape
If you would invest 4,852 in ETF Managers Group on September 16, 2024 and sell it today you would earn a total of 0.00 from holding ETF Managers Group or generate 0.0% return on investment over 90 days. ETF Managers Group 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 ETF, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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ETF Managers Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETF Managers' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETF Managers Group, and traders can use it to determine the average amount a ETF Managers' 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 ETF Managers 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 ETF Managers by adding ETF Managers to a well-diversified portfolio.
ETF Managers Fundamentals Growth
ETF Etf prices reflect investors' perceptions of the future prospects and financial health of ETF Managers, and ETF Managers 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 ETF Etf performance.
| Total Asset | 123.89 M | |||
About ETF Managers Performance
Assessing ETF Managers' fundamental ratios provides investors with valuable insights into ETF Managers' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ETF Managers 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 investment objective by investing in a diversified portfolio of high-quality short-term U.S. dollar denominated domestic and foreign debt securities and other instruments. Etfmg Sit is traded on NYSEARCA Exchange in the United States.| ETF Managers Group is not yet fully synchronised with the market data | |
| Latest headline from thelincolnianonline.com: Gould Capital LLC Purchases 3,915 Shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF | |
| The fund keeps most of the net assets in exotic instruments. |
Check out World Market Map 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 bureau of economic analysis. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' 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 ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' 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 ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' 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.