Etracs Quarterly Pay Etf Performance
| BDCX Etf | USD 32.16 0.09 0.28% |
The etf shows a Beta (market volatility) of 0.79, which means possible diversification benefits within a given portfolio. As returns on the market increase, ETRACS Quarterly's returns are expected to increase less than the market. However, during the bear market, the loss of holding ETRACS Quarterly is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in ETRACS Quarterly Pay are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong fundamental indicators, ETRACS Quarterly is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
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ETRACS |
ETRACS Quarterly Relative Risk vs. Return Landscape
If you would invest 3,038 in ETRACS Quarterly Pay on September 4, 2024 and sell it today you would earn a total of 178.00 from holding ETRACS Quarterly Pay or generate 5.86% return on investment over 90 days. ETRACS Quarterly Pay is currently generating 0.0952% in daily expected returns and assumes 1.119% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than ETRACS, 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 |
ETRACS Quarterly Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETRACS Quarterly's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETRACS Quarterly Pay, and traders can use it to determine the average amount a ETRACS Quarterly'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 = 0.085
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average ETRACS Quarterly is performing at about 6% 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 ETRACS Quarterly by adding it to a well-diversified portfolio.
ETRACS Quarterly Fundamentals Growth
ETRACS Etf prices reflect investors' perceptions of the future prospects and financial health of ETRACS Quarterly, and ETRACS Quarterly 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 ETRACS Etf performance.
| Total Asset | 40.11 M | |||
About ETRACS Quarterly Performance
Evaluating ETRACS Quarterly's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ETRACS Quarterly 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 ETRACS Quarterly has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The index is intended to measure the performance of all business development companies listed on the New York Stock Exchange , NYSE AMEX or The Nasdaq Stock Market, Inc. Etracs Quarterly is traded on NYSEARCA Exchange in the United States.| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ETRACS Quarterly Pay. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of ETRACS Quarterly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Quarterly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Quarterly'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 ETRACS Quarterly's market value can be influenced by many factors that don't directly affect ETRACS Quarterly'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 ETRACS Quarterly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Quarterly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Quarterly'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.