Change Finance Diversified Etf Performance
| CHGX Etf | USD 39.73 0.16 0.40% |
The etf shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Change Finance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Change Finance is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Change Finance Diversified are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong technical and fundamental indicators, Change Finance is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Technical Data - Stock Traders Daily | 01/03/2025 |
| In Threey Sharp Ratio | 0.07 |
Change |
Change Finance Relative Risk vs. Return Landscape
If you would invest 3,831 in Change Finance Diversified on October 26, 2024 and sell it today you would earn a total of 142.00 from holding Change Finance Diversified or generate 3.71% return on investment over 90 days. Change Finance Diversified is currently generating 0.0656% in daily expected returns and assumes 0.8923% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Change, 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 |
Change Finance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Change Finance's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Change Finance Diversified, and traders can use it to determine the average amount a Change Finance'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 = 0.0736
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Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Change Finance is performing at about 5% 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 Change Finance by adding it to a well-diversified portfolio.
Change Finance Fundamentals Growth
Change Etf prices reflect investors' perceptions of the future prospects and financial health of Change Finance, and Change Finance 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 Change Etf performance.
| Total Asset | 92.99 M | |||
About Change Finance Performance
Evaluating Change Finance's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Change Finance 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 Change Finance 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 measures the performance of an equal-weighted portfolio of approximately 100 large-, mid-capitalization equity securities of U.S. Diversified Impact is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Technical Data - Stock Traders Daily | |
| The fund holds 97.83% 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 Change Finance Diversified. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of Change Finance Diver is measured differently than its book value, which is the value of Change that is recorded on the company's balance sheet. Investors also form their own opinion of Change Finance's value that differs from its market value or its book value, called intrinsic value, which is Change Finance'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 Change Finance's market value can be influenced by many factors that don't directly affect Change Finance'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 Change Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Change Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Change Finance'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.