Leadersharestm Alphafactor Core Etf Performance
| LSAF Etf | USD 40.19 0.22 0.54% |
The etf secures a Beta (Market Risk) of 0.99, which conveys possible diversification benefits within a given portfolio. LeaderSharesTM AlphaFactor returns are very sensitive to returns on the market. As the market goes up or down, LeaderSharesTM AlphaFactor is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days LeaderSharesTM AlphaFactor Core has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, LeaderSharesTM AlphaFactor is not utilizing all of its potentials. The newest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| In Threey Sharp Ratio | 0.31 |
LeaderSharesTM |
LeaderSharesTM AlphaFactor Relative Risk vs. Return Landscape
If you would invest 4,062 in LeaderSharesTM AlphaFactor Core on December 28, 2024 and sell it today you would lose (43.00) from holding LeaderSharesTM AlphaFactor Core or give up 1.06% of portfolio value over 90 days. LeaderSharesTM AlphaFactor Core is currently does not generate positive expected returns and assumes 1.0001% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than LeaderSharesTM, 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 |
LeaderSharesTM AlphaFactor Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for LeaderSharesTM AlphaFactor's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as LeaderSharesTM AlphaFactor Core, and traders can use it to determine the average amount a LeaderSharesTM AlphaFactor'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 = -0.0128
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LSAF |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average LeaderSharesTM AlphaFactor 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 LeaderSharesTM AlphaFactor by adding LeaderSharesTM AlphaFactor to a well-diversified portfolio.
LeaderSharesTM AlphaFactor Fundamentals Growth
LeaderSharesTM Etf prices reflect investors' perceptions of the future prospects and financial health of LeaderSharesTM AlphaFactor, and LeaderSharesTM AlphaFactor 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 LeaderSharesTM Etf performance.
| Total Asset | 142.87 M | |||
About LeaderSharesTM AlphaFactor Performance
By analyzing LeaderSharesTM AlphaFactor's fundamental ratios, stakeholders can gain valuable insights into LeaderSharesTM AlphaFactor's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if LeaderSharesTM AlphaFactor 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 LeaderSharesTM AlphaFactor has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Under normal circumstances, at least 80 percent of the funds net assets, including any borrowings for investment purposes, will be invested in a diversified portfolio of equity securities of U.S. common stocks included in the index. Leadershares Alphafactor is traded on NYSEARCA Exchange in the United States.| LeaderSharesTM AlphaFactor generated a negative expected return over the last 90 days | |
| The fund maintains 98.29% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LeaderSharesTM AlphaFactor Core. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of LeaderSharesTM AlphaFactor is measured differently than its book value, which is the value of LeaderSharesTM that is recorded on the company's balance sheet. Investors also form their own opinion of LeaderSharesTM AlphaFactor's value that differs from its market value or its book value, called intrinsic value, which is LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's market value can be influenced by many factors that don't directly affect LeaderSharesTM AlphaFactor'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 LeaderSharesTM AlphaFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if LeaderSharesTM AlphaFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LeaderSharesTM AlphaFactor'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.