Hcm Defender 500 Etf Performance
| LGH Etf | USD 49.00 0.10 0.20% |
The entity retains a Market Volatility (i.e., Beta) of 0.0157, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HCM Defender's returns are expected to increase less than the market. However, during the bear market, the loss of holding HCM Defender is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days HCM Defender 500 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest inconsistent performance, the Etf's technical and fundamental indicators remain strong and the recent confusion on Wall Street may also be a sign of long-lasting gains for the Etf traders. ...more
| In Threey Sharp Ratio | 0.34 |
HCM |
HCM Defender Relative Risk vs. Return Landscape
If you would invest 5,326 in HCM Defender 500 on December 21, 2024 and sell it today you would lose (484.00) from holding HCM Defender 500 or give up 9.09% of portfolio value over 90 days. HCM Defender 500 is generating negative expected returns assuming volatility of 1.1436% on return distribution over 90 days investment horizon. In other words, 10% of etfs are less volatile than HCM, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
HCM Defender Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HCM Defender's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as HCM Defender 500, and traders can use it to determine the average amount a HCM Defender'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 = -0.1331
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LGH |
Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HCM Defender 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 HCM Defender by adding HCM Defender to a well-diversified portfolio.
HCM Defender Fundamentals Growth
HCM Etf prices reflect investors' perceptions of the future prospects and financial health of HCM Defender, and HCM Defender 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 HCM Etf performance.
| Total Asset | 246.03 M | |||
About HCM Defender Performance
By evaluating HCM Defender's fundamental ratios, stakeholders can gain valuable insights into HCM Defender's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if HCM Defender 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 HCM Defender has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing at least 80 percent of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 500 Index. Hcm Defender is traded on NYSEARCA Exchange in the United States.| HCM Defender 500 generated a negative expected return over the last 90 days |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in HCM Defender 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of HCM Defender 500 is measured differently than its book value, which is the value of HCM that is recorded on the company's balance sheet. Investors also form their own opinion of HCM Defender's value that differs from its market value or its book value, called intrinsic value, which is HCM Defender'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 HCM Defender's market value can be influenced by many factors that don't directly affect HCM Defender'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 HCM Defender's value and its price as these two are different measures arrived at by different means. Investors typically determine if HCM Defender is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCM Defender'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.