Sonicshares Global Shipping Etf Performance
| BOAT Etf | USD 27.94 0.34 1.23% |
The entity has a beta of 0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SonicShares Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding SonicShares Global is expected to be smaller as well.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in SonicShares Global Shipping are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, SonicShares Global is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Time To Buy This Stock Yielding 30 | 12/24/2024 |
2 | Electric Boats Market Shares by Segment and Company , Featuring Brunswick Corporation, Groupe Beneteau, Greenline Yachts, Candela Technology, Silent Yachts More | 02/07/2025 |
3 | Boat Rocker Hires Brad Horvath From BBC Studios For U.S. Lat Am Sales | 03/11/2025 |
4 | Touring a 15.4 Million, 110-Foot Superyacht | 03/17/2025 |
| In Threey Sharp Ratio | 0.18 |
SonicShares |
SonicShares Global Relative Risk vs. Return Landscape
If you would invest 2,657 in SonicShares Global Shipping on December 19, 2024 and sell it today you would earn a total of 137.00 from holding SonicShares Global Shipping or generate 5.16% return on investment over 90 days. SonicShares Global Shipping is currently generating 0.0901% in daily expected returns and assumes 1.1328% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than SonicShares, 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 |
SonicShares Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SonicShares Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SonicShares Global Shipping, and traders can use it to determine the average amount a SonicShares Global'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 = 0.0796
| Best Portfolio | Best Equity | |||
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| Cash | BOAT | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average SonicShares Global 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 SonicShares Global by adding it to a well-diversified portfolio.
SonicShares Global Fundamentals Growth
SonicShares Etf prices reflect investors' perceptions of the future prospects and financial health of SonicShares Global, and SonicShares Global 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 SonicShares Etf performance.
| Total Asset | 18.03 M | |||
About SonicShares Global Performance
Assessing SonicShares Global's fundamental ratios provides investors with valuable insights into SonicShares Global's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the SonicShares Global is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The index is a rules-based index that seeks to provide exposure to a global portfolio of companies identified as being engaged in the water transportation industry. Sonicshares Global is traded on NYSEARCA Exchange in the United States.| Latest headline from forbes.com: Touring a 15.4 Million, 110-Foot Superyacht | |
| The fund holds 97.08% 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 SonicShares Global Shipping. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of SonicShares Global is measured differently than its book value, which is the value of SonicShares that is recorded on the company's balance sheet. Investors also form their own opinion of SonicShares Global's value that differs from its market value or its book value, called intrinsic value, which is SonicShares Global'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 SonicShares Global's market value can be influenced by many factors that don't directly affect SonicShares Global'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 SonicShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SonicShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SonicShares Global'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.