Macquarie Etf Trust Etf Performance
| PWER Etf | 29.64 0.33 1.13% |
The etf secures a Beta (Market Risk) of 0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Macquarie ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Macquarie ETF is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Macquarie ETF Trust are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Even with relatively sluggish technical and fundamental indicators, Macquarie ETF may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Nuclear-energy ETFs surge with uranium rangebound. Is it a good time to invest - MarketWatch | 10/17/2024 |
Macquarie |
Macquarie ETF Relative Risk vs. Return Landscape
If you would invest 2,682 in Macquarie ETF Trust on September 1, 2024 and sell it today you would earn a total of 282.00 from holding Macquarie ETF Trust or generate 10.51% return on investment over 90 days. Macquarie ETF Trust is currently generating 0.1626% in daily expected returns and assumes 1.1292% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than Macquarie, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Macquarie ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Macquarie ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Macquarie ETF Trust, and traders can use it to determine the average amount a Macquarie ETF'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 = 0.144
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Macquarie ETF is performing at about 11% 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 Macquarie ETF by adding it to a well-diversified portfolio.
Macquarie ETF Fundamentals Growth
Macquarie Etf prices reflect investors' perceptions of the future prospects and financial health of Macquarie ETF, and Macquarie ETF 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 Macquarie Etf performance.
| Price To Earning | 22.62 X | |||
| EBITDA | 121.06 M | |||
| Cash And Equivalents | 230.52 M | |||
| Cash Per Share | 2.37 X | |||
| Total Debt | 36.01 M | |||
| Debt To Equity | 0.55 % | |||
| Cash Flow From Operations | 91.26 M | |||
| Total Asset | 798.93 M | |||
| Retained Earnings | (197.22 M) | |||
| Current Asset | 666.47 M | |||
| Current Liabilities | 208.06 M | |||
About Macquarie ETF Performance
Assessing Macquarie ETF's fundamental ratios provides investors with valuable insights into Macquarie ETF's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Macquarie ETF 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.
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