Oneascent Emerging Markets Etf Performance
| OAEM Etf | USD 29.05 0.45 1.53% |
The etf holds a Beta of 0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, OneAscent Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding OneAscent Emerging is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days OneAscent Emerging Markets has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical and fundamental indicators, OneAscent Emerging is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Investment Report - Stock Traders Daily | 12/10/2024 |
2 | How the price action is used to our Advantage - Stock Traders Daily | 01/21/2025 |
OneAscent |
OneAscent Emerging Relative Risk vs. Return Landscape
If you would invest 2,935 in OneAscent Emerging Markets on December 1, 2024 and sell it today you would lose (30.00) from holding OneAscent Emerging Markets or give up 1.02% of portfolio value over 90 days. OneAscent Emerging Markets is currently does not generate positive expected returns and assumes 0.9593% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than OneAscent, 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 |
OneAscent Emerging Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OneAscent Emerging's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as OneAscent Emerging Markets, and traders can use it to determine the average amount a OneAscent Emerging'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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| Negative Returns | OAEM |
Estimated Market Risk
| 0.96 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 OneAscent Emerging 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 OneAscent Emerging by adding OneAscent Emerging to a well-diversified portfolio.
OneAscent Emerging Fundamentals Growth
OneAscent Etf prices reflect investors' perceptions of the future prospects and financial health of OneAscent Emerging, and OneAscent Emerging 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 OneAscent Etf performance.
| Total Asset | 20.98 M | |||
About OneAscent Emerging Performance
By examining OneAscent Emerging's fundamental ratios, stakeholders can obtain critical insights into OneAscent Emerging'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 OneAscent Emerging 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.
Under normal market conditions, the fund will invest at least 80 percent of its total assets in equity securities of non-U.S. companies in emerging market countries, including common stocks, depositary receipts evidencing ownership of common stocks, preferred stocks, securities convertible into common stocks, and securities that carry the right to buy common stocks . Oneascent Emerging is traded on NYSEARCA Exchange in the United States.| OneAscent Emerging generated a negative expected return over the last 90 days | |
| The fund maintains 93.96% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneAscent Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of OneAscent Emerging is measured differently than its book value, which is the value of OneAscent that is recorded on the company's balance sheet. Investors also form their own opinion of OneAscent Emerging's value that differs from its market value or its book value, called intrinsic value, which is OneAscent Emerging'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 OneAscent Emerging's market value can be influenced by many factors that don't directly affect OneAscent Emerging'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 OneAscent Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneAscent Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneAscent Emerging'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.