Siren Nasdaq Nexgen Etf Performance
| BLCN Etf | USD 20.43 0.26 1.26% |
The entity has a beta of 1.17, 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, Siren Nasdaq will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Siren Nasdaq NexGen has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Etf's fundamental indicators remain very healthy which may send shares a bit higher in April 2025. The recent disarray may also be a sign of long period up-swing for the ETF investors. ...more
1 | Siren Nasdaq NexGen Economy ETF Short Interest Update | 12/26/2024 |
2 | Trading Signals - Stock Traders Daily | 03/19/2025 |
| In Threey Sharp Ratio | -0.48 |
Siren |
Siren Nasdaq Relative Risk vs. Return Landscape
If you would invest 2,636 in Siren Nasdaq NexGen on December 23, 2024 and sell it today you would lose (593.00) from holding Siren Nasdaq NexGen or give up 22.5% of portfolio value over 90 days. Siren Nasdaq NexGen is currently does not generate positive expected returns and assumes 2.2863% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of etfs are less volatile than Siren, 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 |
Siren Nasdaq Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siren Nasdaq's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Siren Nasdaq NexGen, and traders can use it to determine the average amount a Siren Nasdaq'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 = -0.1709
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| Negative Returns | BLCN |
Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Siren Nasdaq 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 Siren Nasdaq by adding Siren Nasdaq to a well-diversified portfolio.
Siren Nasdaq Fundamentals Growth
Siren Etf prices reflect investors' perceptions of the future prospects and financial health of Siren Nasdaq, and Siren Nasdaq 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 Siren Etf performance.
| Total Asset | 103.72 M | |||
About Siren Nasdaq Performance
By examining Siren Nasdaq's fundamental ratios, stakeholders can obtain critical insights into Siren Nasdaq'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 Siren Nasdaq 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.
Under normal circumstances, at least 80 percent of the funds assets, will be invested in component securities of the index. Siren Nasdaq is traded on NASDAQ Exchange in the United States.| Siren Nasdaq NexGen generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Trading Signals - Stock Traders Daily | |
| The fund created three year return of -17.0% | |
| Siren Nasdaq NexGen holds 93.82% 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 Siren Nasdaq NexGen. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of Siren Nasdaq NexGen is measured differently than its book value, which is the value of Siren that is recorded on the company's balance sheet. Investors also form their own opinion of Siren Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is Siren Nasdaq'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 Siren Nasdaq's market value can be influenced by many factors that don't directly affect Siren Nasdaq'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 Siren Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siren Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siren Nasdaq'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.