Freedom Day Dividend Etf Performance
| MBOX Etf | USD 34.27 0.10 0.29% |
The etf shows a Beta (market volatility) of 0.63, which means possible diversification benefits within a given portfolio. As returns on the market increase, Freedom Day's returns are expected to increase less than the market. However, during the bear market, the loss of holding Freedom Day is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Freedom Day Dividend has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Freedom Day is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | MOBOX Reaches Self Reported Market Cap of 78.29 Million | 01/17/2025 |
2 | Investment Analysis - Stock Traders Daily | 02/11/2025 |
| In Threey Sharp Ratio | 0.49 |
Freedom |
Freedom Day Relative Risk vs. Return Landscape
If you would invest 3,502 in Freedom Day Dividend on November 27, 2024 and sell it today you would lose (75.35) from holding Freedom Day Dividend or give up 2.15% of portfolio value over 90 days. Freedom Day Dividend is currently does not generate positive expected returns and assumes 0.758% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Freedom, 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 |
Freedom Day Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freedom Day's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Freedom Day Dividend, and traders can use it to determine the average amount a Freedom Day'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 = -0.0449
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MBOX |
Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Freedom Day 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 Freedom Day by adding Freedom Day to a well-diversified portfolio.
Freedom Day Fundamentals Growth
Freedom Etf prices reflect investors' perceptions of the future prospects and financial health of Freedom Day, and Freedom Day 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 Freedom Etf performance.
| Total Asset | 42.75 M | |||
About Freedom Day Performance
Evaluating Freedom Day's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Freedom Day 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 Freedom Day 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 is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in equity securities that the Sub-Adviser believes have the potential to provide rising dividend income streams to the fund over time. Freedom Day is traded on NYSEARCA Exchange in the United States.| Freedom Day Dividend generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Investment Analysis - Stock Traders Daily | |
| The fund maintains 99.71% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Freedom Day Dividend. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of Freedom Day Dividend is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Day's value that differs from its market value or its book value, called intrinsic value, which is Freedom Day'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 Freedom Day's market value can be influenced by many factors that don't directly affect Freedom Day'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 Freedom Day's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Day is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Day'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.