The 3d Printing Etf Performance
| PRNT Etf | USD 22.35 0.19 0.86% |
The etf shows a Beta (market volatility) of 1.24, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 3D Printing will likely underperform.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in The 3D Printing are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent basic indicators, 3D Printing unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | When the Price of Talks, People Listen - Stock Traders Daily | 10/04/2024 |
| In Threey Sharp Ratio | -0.61 |
PRNT |
3D Printing Relative Risk vs. Return Landscape
If you would invest 1,953 in The 3D Printing on September 12, 2024 and sell it today you would earn a total of 282.00 from holding The 3D Printing or generate 14.44% return on investment over 90 days. The 3D Printing is currently generating 0.2191% in daily expected returns and assumes 1.2884% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than PRNT, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
3D Printing Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 3D Printing's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as The 3D Printing, and traders can use it to determine the average amount a 3D Printing'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 = 0.1701
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average 3D Printing is performing at about 13% of its full potential. 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 3D Printing by adding it to a well-diversified portfolio.
3D Printing Fundamentals Growth
PRNT Etf prices reflect investors' perceptions of the future prospects and financial health of 3D Printing, and 3D Printing 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 PRNT Etf performance.
| Total Asset | 176.65 M | |||
About 3D Printing Performance
Assessing 3D Printing's fundamental ratios provides investors with valuable insights into 3D Printing's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the 3D Printing 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.
The fund normally invests at least 80 percent of its total assets in securities that are included in the funds benchmark index, depositary receipts representing securities included in the index or underlying stocks in respect of depositary receipts included in the index. 3D Printing is traded on BATS Exchange in the United States.| The fund created three year return of -13.0% | |
| 3D Printing maintains 99.8% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in The 3D Printing. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of 3D Printing is measured differently than its book value, which is the value of PRNT that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Printing's value that differs from its market value or its book value, called intrinsic value, which is 3D Printing'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 3D Printing's market value can be influenced by many factors that don't directly affect 3D Printing'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 3D Printing's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3D Printing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Printing'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.