Evolve Future Leadership Etf Performance
| LEAD Etf | CAD 22.13 0.08 0.36% |
The etf shows a Beta (market volatility) of -0.0317, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Evolve Future are expected to decrease at a much lower rate. During the bear market, Evolve Future is likely to outperform the market.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Evolve Future Leadership are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Evolve Future may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
1 | Midcaps to Lead the Way in 2025 Lean Into Value - ETFdb.com | 11/19/2024 |
2 | DTX Exchange Introduces ETF Trading to Crypto While Chainlink and PEPE Lead Market - TechBullion | 12/09/2024 |
Evolve |
Evolve Future Relative Risk vs. Return Landscape
If you would invest 2,029 in Evolve Future Leadership on October 7, 2024 and sell it today you would earn a total of 184.00 from holding Evolve Future Leadership or generate 9.07% return on investment over 90 days. Evolve Future Leadership is generating 0.1521% of daily returns and assumes 1.5569% volatility on return distribution over the 90 days horizon. Simply put, 13% of etfs are less volatile than Evolve, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Evolve Future Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve Future's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve Future Leadership, and traders can use it to determine the average amount a Evolve Future'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 = 0.0977
| Best Portfolio | Best Equity | |||
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| Small Returns | LEAD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Evolve Future is performing at about 7% 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 Future by adding it to a well-diversified portfolio.
Evolve Future Fundamentals Growth
Evolve Etf prices reflect investors' perceptions of the future prospects and financial health of Evolve Future, and Evolve Future 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 Evolve Etf performance.
| Total Asset | 37.21 M | |||
About Evolve Future Performance
By examining Evolve Future's fundamental ratios, stakeholders can obtain critical insights into Evolve Future'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 Evolve Future 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.
The investment objective of LEAD is to seek to provide holders of Units with long-term capital appreciation by investing primarily in a diversified mix of equity securities of companies located domestically or internationally that the Manager has determined are leaders in sectors that stand to benefit from medium and long term economic trends. EVOLVE FUTURE is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: DTX Exchange Introduces ETF Trading to Crypto While Chainlink and PEPE Lead Market - TechBullion | |
| The fund maintains 95.63% of its assets in stocks |
Other Information on Investing in Evolve Etf
Evolve Future 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 Future security.