Us Global Jets Etf Performance
| JETS Etf | USD 21.98 0.03 0.14% |
The entity owns a Beta (Systematic Risk) of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, US Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding US Global is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days US Global Jets has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Etf's basic indicators remain comparatively stable which may send shares a bit higher in April 2025. The newest uproar may also be a sign of mid-term up-swing for the exchange-traded fund private investors. ...more
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| In Threey Sharp Ratio | 0.15 |
JETS |
US Global Relative Risk vs. Return Landscape
If you would invest 2,555 in US Global Jets on December 22, 2024 and sell it today you would lose (357.00) from holding US Global Jets or give up 13.97% of portfolio value over 90 days. US Global Jets is currently does not generate positive expected returns and assumes 1.663% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of etfs are less volatile than JETS, 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 |
US Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for US Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as US Global Jets, and traders can use it to determine the average amount a US Global'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 = -0.1424
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | JETS |
Estimated Market Risk
| 1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average US Global 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 US Global by adding US Global to a well-diversified portfolio.
US Global Fundamentals Growth
JETS Etf prices reflect investors' perceptions of the future prospects and financial health of US Global, and US Global 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 JETS Etf performance.
| Price To Earning | 9.59 X | |||
| Price To Book | 2.09 X | |||
| Price To Sales | 0.76 X | |||
| Total Asset | 1.89 B | |||
About US Global Performance
Assessing US Global's fundamental ratios provides investors with valuable insights into US Global's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the US Global is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund uses a passive management approach to track the performance, before fees and expenses, of the index. US Global is traded on NYSEARCA Exchange in the United States.| US Global Jets generated a negative expected return over the last 90 days | |
| Latest headline from benzinga.com: Vacation Planning Hits 15-Year Low In Latest Sign Of Cash-Strapped US Consumers | |
| The fund retains 99.44% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global Jets. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of US Global Jets is measured differently than its book value, which is the value of JETS that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.