Etf Managers Group Etf Performance
| MJXL Etf | USD 0.39 0.01 2.50% |
The etf shows a Beta (market volatility) of -1.34, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ETF Managers are expected to decrease by larger amounts. On the other hand, during market turmoil, ETF Managers is expected to outperform it.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days ETF Managers Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, ETF Managers is not utilizing all of its potentials. The recent stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Fifty Two Week Low | 0.3900 | |
| Fifty Two Week High | 3.9900 |
ETF |
ETF Managers Relative Risk vs. Return Landscape
If you would invest 39.00 in ETF Managers Group on September 16, 2024 and sell it today you would earn a total of 0.00 from holding ETF Managers Group or generate 0.0% return on investment over 90 days. ETF Managers Group is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than ETF, 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 |
ETF Managers Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETF Managers' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETF Managers Group, and traders can use it to determine the average amount a ETF Managers' 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 = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| MJXL |
Based on monthly moving average ETF Managers 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 ETF Managers by adding ETF Managers to a well-diversified portfolio.
ETF Managers Fundamentals Growth
ETF Etf prices reflect investors' perceptions of the future prospects and financial health of ETF Managers, and ETF Managers 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 ETF Etf performance.
| Total Asset | 570.68 K | |||
About ETF Managers Performance
By examining ETF Managers' fundamental ratios, stakeholders can obtain critical insights into ETF Managers' 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 ETF Managers 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 financial instruments in which the fund most commonly invests are swap agreements which are intended to produce economically leveraged investment results. Etfmg Daily is traded on NYSEARCA Exchange in the United States.| ETF Managers Group is not yet fully synchronised with the market data | |
| ETF Managers Group has some characteristics of a very speculative penny stock | |
| The fund maintains all of the assets in different exotic instruments |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. 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 ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' 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 ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' 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 ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' 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.