3edge Dynamic Fixed Etf Performance
| EDGF Etf | 24.79 0.03 0.12% |
The etf shows a Beta (market volatility) of 0.0089, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 3EDGE Dynamic's returns are expected to increase less than the market. However, during the bear market, the loss of holding 3EDGE Dynamic 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 3EDGE Dynamic Fixed are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable technical and fundamental indicators, 3EDGE Dynamic is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
3EDGE |
3EDGE Dynamic Relative Risk vs. Return Landscape
If you would invest 2,459 in 3EDGE Dynamic Fixed on December 14, 2024 and sell it today you would earn a total of 20.00 from holding 3EDGE Dynamic Fixed or generate 0.81% return on investment over 90 days. 3EDGE Dynamic Fixed is currently generating 0.0138% in daily expected returns and assumes 0.1482% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than 3EDGE, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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3EDGE Dynamic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 3EDGE Dynamic's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 3EDGE Dynamic Fixed, and traders can use it to determine the average amount a 3EDGE Dynamic'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 = 0.0934
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Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average 3EDGE Dynamic is performing at about 7% 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 3EDGE Dynamic by adding it to a well-diversified portfolio.
About 3EDGE Dynamic Performance
By analyzing 3EDGE Dynamic's fundamental ratios, stakeholders can gain valuable insights into 3EDGE Dynamic's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if 3EDGE Dynamic 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 3EDGE Dynamic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
3EDGE Dynamic is entity of United States. It is traded as Etf on NYSE ARCA exchange.