Aptus Drawdown Managed Etf Performance
| ADME Etf | USD 44.80 0.13 0.29% |
The etf shows a Beta (market volatility) of -0.0937, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aptus Drawdown are expected to decrease at a much lower rate. During the bear market, Aptus Drawdown is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Aptus Drawdown Managed has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound primary indicators, Aptus Drawdown is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| In Threey Sharp Ratio | 0.19 |
Aptus |
Aptus Drawdown Relative Risk vs. Return Landscape
If you would invest 4,808 in Aptus Drawdown Managed on December 24, 2024 and sell it today you would lose (247.00) from holding Aptus Drawdown Managed or give up 5.14% of portfolio value over 90 days. Aptus Drawdown Managed is currently does not generate positive expected returns and assumes 0.9137% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Aptus, 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 |
Aptus Drawdown Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aptus Drawdown's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Aptus Drawdown Managed, and traders can use it to determine the average amount a Aptus Drawdown'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 = -0.0901
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| Negative Returns | ADME |
Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aptus Drawdown 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 Aptus Drawdown by adding Aptus Drawdown to a well-diversified portfolio.
Aptus Drawdown Fundamentals Growth
Aptus Etf prices reflect investors' perceptions of the future prospects and financial health of Aptus Drawdown, and Aptus Drawdown 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 Aptus Etf performance.
| Total Asset | 316.52 M | |||
About Aptus Drawdown Performance
By analyzing Aptus Drawdown's fundamental ratios, stakeholders can gain valuable insights into Aptus Drawdown's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Aptus Drawdown has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Aptus Drawdown has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund is an actively managed exchange-traded fund that seeks to achieve its objective principally by investing in a portfolio of U.S. Aptus Drawdown is traded on BATS Exchange in the United States.| Aptus Drawdown generated a negative expected return over the last 90 days | |
| The fund holds 102.03% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptus Drawdown Managed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Aptus Drawdown Managed is measured differently than its book value, which is the value of Aptus that is recorded on the company's balance sheet. Investors also form their own opinion of Aptus Drawdown's value that differs from its market value or its book value, called intrinsic value, which is Aptus Drawdown'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 Aptus Drawdown's market value can be influenced by many factors that don't directly affect Aptus Drawdown'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 Aptus Drawdown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aptus Drawdown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aptus Drawdown'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.