Sofr Etf One Year Return
| SOFR Etf | 100.50 0.07 0.07% |
SOFR fundamentals help investors to digest information that contributes to SOFR's financial success or failures. It also enables traders to predict the movement of SOFR Etf. The fundamental analysis module provides a way to measure SOFR's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SOFR etf.
SOFR |
SOFR ETF One Year Return Analysis
SOFR's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Based on the recorded statements, SOFR has an One Year Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as One Year Return (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
SOFR One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SOFR's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of SOFR could also be used in its relative valuation, which is a method of valuing SOFR by comparing valuation metrics of similar companies.SOFR is currently under evaluation in one year return as compared to similar ETFs.
About SOFR Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SOFR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SOFR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SOFR based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with SOFR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SOFR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SOFR will appreciate offsetting losses from the drop in the long position's value.Moving together with SOFR Etf
Moving against SOFR Etf
| 0.81 | VEA | Vanguard FTSE Developed Sell-off Trend | PairCorr |
| 0.61 | BND | Vanguard Total Bond | PairCorr |
| 0.6 | VWO | Vanguard FTSE Emerging | PairCorr |
| 0.41 | AMPD | Tidal Trust II | PairCorr |
| 0.36 | PMBS | PIMCO Mortgage Backed | PairCorr |
The ability to find closely correlated positions to SOFR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SOFR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SOFR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SOFR to buy it.
The correlation of SOFR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SOFR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SOFR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SOFR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in SOFR Etf
SOFR financial ratios help investors to determine whether SOFR 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 SOFR with respect to the benefits of owning SOFR security.