Oshares Global Internet Etf Performance
| OGIG Etf | USD 45.71 0.27 0.59% |
The etf holds a Beta of -0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning OShares Global are expected to decrease at a much lower rate. During the bear market, OShares Global is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days OShares Global Internet has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable forward indicators, OShares Global is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| In Threey Sharp Ratio | 0.21 |
OShares |
OShares Global Relative Risk vs. Return Landscape
If you would invest 4,764 in OShares Global Internet on December 24, 2024 and sell it today you would lose (88.00) from holding OShares Global Internet or give up 1.85% of portfolio value over 90 days. OShares Global Internet is currently does not generate positive expected returns and assumes 1.6387% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of etfs are less volatile than OShares, 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 |
OShares Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OShares Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as OShares Global Internet, and traders can use it to determine the average amount a OShares Global'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 = -0.0105
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| Negative Returns | OGIG |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.02 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 OShares Global 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 OShares Global by adding OShares Global to a well-diversified portfolio.
OShares Global Fundamentals Growth
OShares Etf prices reflect investors' perceptions of the future prospects and financial health of OShares Global, and OShares Global 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 OShares Etf performance.
| Total Asset | 176.66 M | |||
About OShares Global Performance
By analyzing OShares Global's fundamental ratios, stakeholders can gain valuable insights into OShares Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if OShares Global 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 OShares Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Under normal market conditions, the fund will invest at least 80 percent of its total assets in the components of the underlying index. OShares Global is traded on BATS Exchange in the United States.| OShares Global generated a negative expected return over the last 90 days | |
| The fund maintains 99.94% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OShares Global Internet. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of OShares Global Internet is measured differently than its book value, which is the value of OShares that is recorded on the company's balance sheet. Investors also form their own opinion of OShares Global's value that differs from its market value or its book value, called intrinsic value, which is OShares Global'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 OShares Global's market value can be influenced by many factors that don't directly affect OShares Global'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 OShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if OShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OShares Global'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.