Spinnaker Etf Series Etf Performance
| KOOL Etf | USD 10.39 0.04 0.38% |
The entity has a beta of 0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Spinnaker ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Spinnaker ETF is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Spinnaker ETF Series has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Etf's basic indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the ETF venture institutional investors. ...more
1 | Trading Advice - Stock Traders Daily | 12/30/2024 |
2 | Disposition of 12500 shares by Bruch Michael of Spinnaker ETF at 2.3204 subject to Rule 16b-3 | 01/10/2025 |
3 | Where are the Opportunities in - Stock Traders Daily | 02/11/2025 |
4 | Disposition of 34000 shares by Medford Russell M of Spinnaker ETF at 3.0 subject to Rule 16b-3 | 02/26/2025 |
5 | Investment Analysis - Stock Traders Daily | 03/04/2025 |
6 | Disposition of 5508 shares by Pappa Kenneth of Spinnaker ETF at 1.16 subject to Rule 16b-3 | 03/06/2025 |
7 | Acquisition by Bruch Michael of 50000 shares of Spinnaker ETF at 0.6 subject to Rule 16b-3 | 03/19/2025 |
Spinnaker |
Spinnaker ETF Relative Risk vs. Return Landscape
If you would invest 1,110 in Spinnaker ETF Series on December 23, 2024 and sell it today you would lose (71.00) from holding Spinnaker ETF Series or give up 6.4% of portfolio value over 90 days. Spinnaker ETF Series is currently does not generate positive expected returns and assumes 0.9781% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Spinnaker, 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 |
Spinnaker ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spinnaker ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Spinnaker ETF Series, and traders can use it to determine the average amount a Spinnaker ETF'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 = -0.1059
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KOOL |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Spinnaker ETF 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 Spinnaker ETF by adding Spinnaker ETF to a well-diversified portfolio.
Spinnaker ETF Fundamentals Growth
Spinnaker Etf prices reflect investors' perceptions of the future prospects and financial health of Spinnaker ETF, and Spinnaker ETF 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 Spinnaker Etf performance.
| Return On Equity | -175.65 | |||
| Return On Asset | -15.71 | |||
| Profit Margin | (98.82) % | |||
| Operating Margin | (38.26) % | |||
| Current Valuation | 14.37 M | |||
| Shares Outstanding | 2.42 M | |||
| Price To Earning | (0.89) X | |||
| Price To Book | 2.13 X | |||
| Price To Sales | 0.95 X | |||
| Revenue | 13.07 M | |||
| EBITDA | (4.26 M) | |||
| Cash And Equivalents | 2.42 M | |||
| Cash Per Share | 1.00 X | |||
| Total Debt | 3.33 M | |||
| Debt To Equity | 51.20 % | |||
| Book Value Per Share | 2.42 X | |||
| Cash Flow From Operations | (3.79 M) | |||
| Earnings Per Share | (5.18) X | |||
| Total Asset | 49.9 M | |||
| Retained Earnings | (43.24 M) | |||
| Current Asset | 12.84 M | |||
| Current Liabilities | 5.54 M |
About Spinnaker ETF Performance
By examining Spinnaker ETF's fundamental ratios, stakeholders can obtain critical insights into Spinnaker ETF's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Spinnaker ETF is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Cesca Therapeutics Inc. develops, commercializes, and markets a range of automated technologies for cell-based therapies in the United States, China, rest of Asia, Europe, and internationally. Cesca Therapeutics Inc. was founded in 1986 and is headquartered in Rancho Cordova, California. Cesca Therapeutics operates under Medical Devices classification in USA and is traded on BATS Exchange. It employs 53 people.| Spinnaker ETF Series generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 13.07 M. Net Loss for the year was (12.91 M) with profit before overhead, payroll, taxes, and interest of 2.19 M. | |
| Spinnaker ETF Series currently holds about 2.42 M in cash with (3.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.0. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Bruch Michael of 50000 shares of Spinnaker ETF at 0.6 subject to Rule 16b-3 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Spinnaker ETF Series. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Spinnaker ETF Series is measured differently than its book value, which is the value of Spinnaker that is recorded on the company's balance sheet. Investors also form their own opinion of Spinnaker ETF's value that differs from its market value or its book value, called intrinsic value, which is Spinnaker ETF'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 Spinnaker ETF's market value can be influenced by many factors that don't directly affect Spinnaker ETF'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 Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spinnaker ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spinnaker ETF'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.