Tcw Etf Trust Etf Performance
| ACLO Etf | 50.20 0.01 0.02% |
The entity has a beta of -0.0084, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TCW ETF are expected to decrease at a much lower rate. During the bear market, TCW ETF is likely to outperform the market.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in TCW ETF Trust are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy essential indicators, TCW ETF is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | ETF Industry News Weekly Recap November 18-22, 2024 - Trackinsight | 11/22/2024 |
2 | TCW Continues Strong Growth in Alternative Credit With Close of Third 400 Million CLO in 2024 | 12/04/2024 |
TCW |
TCW ETF Relative Risk vs. Return Landscape
If you would invest 4,995 in TCW ETF Trust on September 14, 2024 and sell it today you would earn a total of 25.00 from holding TCW ETF Trust or generate 0.5% return on investment over 90 days. TCW ETF Trust is currently generating 0.0263% in daily expected returns and assumes 0.1181% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than TCW, 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 |
TCW ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TCW ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as TCW ETF Trust, and traders can use it to determine the average amount a TCW ETF'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 = 0.2231
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| Negative Returns | ACLO |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average TCW ETF is performing at about 17% 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 TCW ETF by adding it to a well-diversified portfolio.
TCW ETF Fundamentals Growth
TCW Etf prices reflect investors' perceptions of the future prospects and financial health of TCW ETF, and TCW ETF 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 TCW Etf performance.
| Return On Asset | -8.22 | |||
| Profit Margin | (2.15) % | |||
| Operating Margin | (3.40) % | |||
| Current Valuation | 16.68 M | |||
| Shares Outstanding | 39.47 M | |||
| Price To Book | 1.52 X | |||
| Price To Sales | 0.02 X | |||
| Revenue | 133.43 M | |||
| EBITDA | (3.98 M) | |||
| Cash And Equivalents | (67.88 K) | |||
| Total Debt | 13.85 M | |||
| Debt To Equity | 8.36 % | |||
| Cash Flow From Operations | (506.92 K) | |||
| Earnings Per Share | (0.09) X | |||
| Total Asset | 34.15 M | |||
| Retained Earnings | (2.56 M) | |||
| Current Asset | 6.83 M | |||
| Current Liabilities | 34.39 M |
About TCW ETF Performance
By examining TCW ETF's fundamental ratios, stakeholders can obtain critical insights into TCW ETF's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that TCW ETF is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
USmart Mobile Device Inc., through its subsidiaries, engages in the production, manufacturing, and distribution of Smartphones, electronic products, and components in Hong Kong and the Peoples Republic of China.| TCW ETF Trust currently holds 13.85 M in liabilities with Debt to Equity (D/E) ratio of 8.36, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. TCW ETF Trust has a current ratio of 0.2, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist TCW ETF until it has trouble settling it off, either with new capital or with free cash flow. So, TCW ETF's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TCW ETF Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TCW to invest in growth at high rates of return. When we think about TCW ETF's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 133.43 M. Net Loss for the year was (2.87 M) with profit before overhead, payroll, taxes, and interest of 391.46 K. | |
| TCW ETF Trust currently holds about (67.88 K) in cash recording (506.92 K) of negative cash flow from operations. | |
| Latest headline from gurufocus.com: TCW Continues Strong Growth in Alternative Credit With Close of Third 400 Million CLO in 2024 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TCW ETF Trust. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of TCW ETF Trust is measured differently than its book value, which is the value of TCW that is recorded on the company's balance sheet. Investors also form their own opinion of TCW ETF's value that differs from its market value or its book value, called intrinsic value, which is TCW ETF'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 TCW ETF's market value can be influenced by many factors that don't directly affect TCW ETF'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 TCW ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if TCW ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TCW ETF'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.