Evolve European Banks Etf Performance

EBNK-B Etf   12.42  0.05  0.40%   
The etf shows a Beta (market volatility) of 0.0593, which means not very significant fluctuations relative to the market. As returns on the market increase, Evolve European's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve European is expected to be smaller as well.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Evolve European Banks are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Evolve European sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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JavaScript chart by amCharts 3.21.15Evolve European Banks Evolve European Banks Dividend Benchmark Dow Jones Industrial
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Trading Report - Stock Traders Daily
02/13/2025
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Stock Trading Blueprint - Stock Traders Daily
02/21/2025
  

Evolve European Relative Risk vs. Return Landscape

If you would invest  1,010  in Evolve European Banks on November 24, 2024 and sell it today you would earn a total of  232.00  from holding Evolve European Banks or generate 22.97% return on investment over 90 days. Evolve European Banks is generating 0.3482% of daily returns and assumes 1.3275% volatility on return distribution over the 90 days horizon. Simply put, 11% of etfs are less volatile than Evolve, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
JavaScript chart by amCharts 3.21.15CashMarketEBNK-B 0.00.20.40.60.81.01.21.4 -0.050.000.050.100.150.200.250.300.35
       Risk  
Assuming the 90 days trading horizon Evolve European is expected to generate 1.81 times more return on investment than the market. However, the company is 1.81 times more volatile than its market benchmark. It trades about 0.26 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.06 per unit of risk.

Evolve European Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve European's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve European Banks, and traders can use it to determine the average amount a Evolve European'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 = 0.2623

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Estimated Market Risk

 1.33
  actual daily
11
89% of assets are more volatile

Expected Return

 0.35
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average Evolve European is performing at about 20% 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 Evolve European by adding it to a well-diversified portfolio.

About Evolve European Performance

By analyzing Evolve European's fundamental ratios, stakeholders can gain valuable insights into Evolve European's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Evolve European 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 Evolve European has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Evolve European is entity of Canada. It is traded as Etf on TO exchange.
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Other Information on Investing in Evolve Etf

Evolve European financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve European security.