Simplify Volt Robocar Etf Performance
| VCAR Etf | USD 25.31 0.87 3.32% |
The entity has a beta of 2.95, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Simplify Volt will likely underperform.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Simplify Volt RoboCar are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. Even with relatively fragile basic indicators, Simplify Volt reported solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Tesla ETFs in Focus Ahead of Robotaxi Event | 10/09/2024 |
2 | Trump White House Could Unlock Trillion-Dollar AI Potential For Tesla, Says Dan Ives | 11/07/2024 |
3 | 5 Best-Performing Sector ETFs Midway in Q4 - Zacks Investment Research | 11/15/2024 |
4 | Tesla ETF Hit a New 52-Week High | 12/12/2024 |
| In Threey Sharp Ratio | 0.17 |
Simplify |
Simplify Volt Relative Risk vs. Return Landscape
If you would invest 1,076 in Simplify Volt RoboCar on September 22, 2024 and sell it today you would earn a total of 1,455 from holding Simplify Volt RoboCar or generate 135.22% return on investment over 90 days. Simplify Volt RoboCar is currently generating 1.4721% in daily expected returns and assumes 5.5989% risk (volatility on return distribution) over the 90 days horizon. In different words, 49% of etfs are less volatile than Simplify, and 71% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Simplify Volt Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simplify Volt's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Simplify Volt RoboCar, and traders can use it to determine the average amount a Simplify Volt'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 = 0.2629
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | VCAR | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.6 actual daily | 49 51% of assets are more volatile |
Expected Return
| 1.47 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Simplify Volt is performing at about 20% 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 Simplify Volt by adding it to a well-diversified portfolio.
Simplify Volt Fundamentals Growth
Simplify Etf prices reflect investors' perceptions of the future prospects and financial health of Simplify Volt, and Simplify Volt 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 Simplify Etf performance.
| Total Asset | 3.93 M | |||
About Simplify Volt Performance
Assessing Simplify Volt's fundamental ratios provides investors with valuable insights into Simplify Volt's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Simplify Volt 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 adviser and sub-adviser seek to achieve the funds investment objective by investing in U.S. and foreign equity securities and equity securities of companies engaging in activities that are consistent with funds investment theme of robocar disruption and technology. Simplify Volt is traded on NYSEARCA Exchange in the United States.| Simplify Volt is way too risky over 90 days horizon | |
| Simplify Volt appears to be risky and price may revert if volatility continues | |
| Latest headline from zacks.com: Tesla ETF Hit a New 52-Week High | |
| The fund keeps 94.85% of its net assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simplify Volt RoboCar. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Simplify Volt RoboCar is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Volt's value that differs from its market value or its book value, called intrinsic value, which is Simplify Volt'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 Simplify Volt's market value can be influenced by many factors that don't directly affect Simplify Volt'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 Simplify Volt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Volt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Volt'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.