Smi 3fourteen Full Cycle Etf Performance
| FCTE Etf | 26.44 0.06 0.23% |
The entity has a beta of 0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SMI 3Fourteen's returns are expected to increase less than the market. However, during the bear market, the loss of holding SMI 3Fourteen is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days SMI 3Fourteen Full Cycle has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, SMI 3Fourteen is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
SMI |
SMI 3Fourteen Relative Risk vs. Return Landscape
If you would invest 2,727 in SMI 3Fourteen Full Cycle on December 1, 2024 and sell it today you would lose (83.00) from holding SMI 3Fourteen Full Cycle or give up 3.04% of portfolio value over 90 days. SMI 3Fourteen Full Cycle is currently does not generate positive expected returns and assumes 0.8343% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than SMI, 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 |
SMI 3Fourteen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SMI 3Fourteen's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SMI 3Fourteen Full Cycle, and traders can use it to determine the average amount a SMI 3Fourteen'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 = -0.0576
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| Negative Returns | FCTE |
Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SMI 3Fourteen 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 SMI 3Fourteen by adding SMI 3Fourteen to a well-diversified portfolio.
About SMI 3Fourteen Performance
By analyzing SMI 3Fourteen's fundamental ratios, stakeholders can gain valuable insights into SMI 3Fourteen's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SMI 3Fourteen 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 SMI 3Fourteen has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SMI 3Fourteen is entity of United States. It is traded as Etf on NASDAQ exchange.| SMI 3Fourteen Full generated a negative expected return over the last 90 days | |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SMI 3Fourteen Full Cycle. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of SMI 3Fourteen Full is measured differently than its book value, which is the value of SMI that is recorded on the company's balance sheet. Investors also form their own opinion of SMI 3Fourteen's value that differs from its market value or its book value, called intrinsic value, which is SMI 3Fourteen'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 SMI 3Fourteen's market value can be influenced by many factors that don't directly affect SMI 3Fourteen'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 SMI 3Fourteen's value and its price as these two are different measures arrived at by different means. Investors typically determine if SMI 3Fourteen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SMI 3Fourteen'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.