Hdaw Etf Performance
The etf owns a Beta (Systematic Risk) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and HDAW are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days HDAW has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, HDAW is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| In Threey Sharp Ratio | 0.16 |
HDAW |
HDAW Relative Risk vs. Return Landscape
If you would invest (100.00) in HDAW on December 16, 2024 and sell it today you would earn a total of 100.00 from holding HDAW or generate -100.0% return on investment over 90 days. HDAW is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than HDAW, 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 |
HDAW Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HDAW's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as HDAW, and traders can use it to determine the average amount a HDAW'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
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| HDAW |
Based on monthly moving average HDAW 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 HDAW by adding HDAW to a well-diversified portfolio.
HDAW Fundamentals Growth
HDAW Etf prices reflect investors' perceptions of the future prospects and financial health of HDAW, and HDAW fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on HDAW Etf performance.
| Price To Earning | 12.17 X | |||
| Price To Book | 1.46 X | |||
| Price To Sales | 1.18 X | |||
| Total Asset | 8.53 M | |||
| HDAW is not yet fully synchronised with the market data | |
| HDAW has some characteristics of a very speculative penny stock | |
| The fund retains 99.07% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis 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 nation. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Tools for HDAW Etf
When running HDAW's price analysis, check to measure HDAW'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 HDAW is operating at the current time. Most of HDAW's value examination focuses on studying past and present price action to predict the probability of HDAW's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HDAW's price. Additionally, you may evaluate how the addition of HDAW to your portfolios can decrease your overall portfolio volatility.
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