Exchange Traded Concepts Etf Performance
| OFOS Etf | 19.70 0.55 2.72% |
The etf shows a Beta (market volatility) of 0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, Exchange Traded's returns are expected to increase less than the market. However, during the bear market, the loss of holding Exchange Traded is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Exchange Traded Concepts has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Etf's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the exchange-traded fund private investors. ...more
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Exchange |
Exchange Traded Relative Risk vs. Return Landscape
If you would invest 2,175 in Exchange Traded Concepts on December 1, 2024 and sell it today you would lose (205.00) from holding Exchange Traded Concepts or give up 9.43% of portfolio value over 90 days. Exchange Traded Concepts is currently does not generate positive expected returns and assumes 1.3434% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than Exchange, 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 |
Exchange Traded Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Exchange Traded's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Exchange Traded Concepts, and traders can use it to determine the average amount a Exchange Traded'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 = -0.1141
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OFOS |
Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Exchange Traded 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 Exchange Traded by adding Exchange Traded to a well-diversified portfolio.
About Exchange Traded Performance
Assessing Exchange Traded's fundamental ratios provides investors with valuable insights into Exchange Traded's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Exchange Traded is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Exchange Traded is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Exchange Traded generated a negative expected return over the last 90 days |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Exchange Traded Concepts. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded'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 Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded'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 Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded'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.