Exchange Traded Concepts Etf Performance

The etf shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Exchange Traded are completely uncorrelated.

Risk-Adjusted Performance

Very Weak

 
Weak
 
Strong
Over the last 90 days Exchange Traded Concepts has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable forward indicators, Exchange Traded is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
  

Exchange Traded Relative Risk vs. Return Landscape

If you would invest (100.00) in Exchange Traded Concepts on December 24, 2024 and sell it today you would earn a total of  100.00  from holding Exchange Traded Concepts or generate -100.0% return on investment over 90 days. Exchange Traded Concepts is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of etfs are less volatile than Exchange, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Expected Return   
       Risk  

Exchange Traded Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Exchange Traded's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Exchange Traded Concepts, and traders can use it to determine the average amount a Exchange Traded'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 = 0.0

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
DIP
Based on monthly moving average Exchange Traded 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 Exchange Traded by adding Exchange Traded to a well-diversified portfolio.
Exchange Traded is not yet fully synchronised with the market data
Exchange Traded has some characteristics of a very speculative penny stock
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for Exchange Etf

When running Exchange Traded's price analysis, check to measure Exchange Traded's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exchange Traded is operating at the current time. Most of Exchange Traded's value examination focuses on studying past and present price action to predict the probability of Exchange Traded's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exchange Traded's price. Additionally, you may evaluate how the addition of Exchange Traded to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges