Evolve Active Core Etf Performance

FIXD Etf   18.24  0.14  0.76%   
The etf shows a Beta (market volatility) of 0.0194, which means not very significant fluctuations relative to the market. As returns on the market increase, Evolve Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve Active is expected to be smaller as well.

Risk-Adjusted Performance

Modest

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Evolve Active Core are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, Evolve Active is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
JavaScript chart by amCharts 3.21.15123Dec2025Feb -4-202
JavaScript chart by amCharts 3.21.15Evolve Active Core Evolve Active Core Dividend Benchmark Dow Jones Industrial
1
Vanguard Launches 2 Active Muni ETFs. More Bond ETFs Could Be on the Way. - MSN
11/21/2024
2
Learn to Evaluate using the Charts - Stock Traders Daily
01/14/2025
3
Where are the Opportunities in - Stock Traders Daily
02/05/2025
  

Evolve Active Relative Risk vs. Return Landscape

If you would invest  1,790  in Evolve Active Core on November 20, 2024 and sell it today you would earn a total of  34.00  from holding Evolve Active Core or generate 1.9% return on investment over 90 days. Evolve Active Core is generating 0.0315% of daily returns and assumes 0.3594% volatility on return distribution over the 90 days horizon. Simply put, 3% of etfs are less volatile than Evolve, and 99% 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 3.21.15CashMarketFIXD 0.00.10.20.30.40.50.60.70.8 -0.04-0.020.000.020.040.06
       Risk  
Assuming the 90 days trading horizon Evolve Active is expected to generate 1.45 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.01 times less risky than the market. It trades about 0.09 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.06 of returns per unit of risk over similar time horizon.

Evolve Active Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve Active's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve Active Core, and traders can use it to determine the average amount a Evolve Active'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 = 0.0876

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFIXD

Estimated Market Risk

 0.36
  actual daily
3
97% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Evolve Active is performing at about 6% 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 Active by adding it to a well-diversified portfolio.

About Evolve Active Performance

By analyzing Evolve Active's fundamental ratios, stakeholders can gain valuable insights into Evolve Active's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Evolve Active 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 Active has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Evolve Active is entity of Canada. It is traded as Etf on NEO exchange.
Latest headline from news.google.com: Where are the Opportunities in - Stock Traders Daily

Other Information on Investing in Evolve Etf

Evolve Active 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 Active security.