Guinness Atkinson Funds Etf Performance
| SOLR Etf | USD 24.61 0.23 0.94% |
The etf retains a Market Volatility (i.e., Beta) of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guinness Atkinson's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guinness Atkinson is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Guinness Atkinson Funds has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable essential indicators, Guinness Atkinson is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | Acquisition by Watson Noel G of 9231 shares of Guinness Atkinson subject to Rule 16b-3 | 01/10/2025 |
2 | Learn to Evaluate using the Charts - Stock Traders Daily | 01/21/2025 |
3 | Acquisition by Diuguid Cheryl A of 44888 shares of Guinness Atkinson subject to Rule 16b-3 | 01/31/2025 |
4 | Acquisition by Switz Robert E of 9901 shares of Guinness Atkinson subject to Rule 16b-3 | 02/28/2025 |
| In Threey Sharp Ratio | -0.27 |
Guinness |
Guinness Atkinson Relative Risk vs. Return Landscape
If you would invest 2,508 in Guinness Atkinson Funds on December 25, 2024 and sell it today you would lose (47.00) from holding Guinness Atkinson Funds or give up 1.87% of portfolio value over 90 days. Guinness Atkinson Funds is currently does not generate positive expected returns and assumes 1.215% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than Guinness, 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 |
Guinness Atkinson Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guinness Atkinson's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Guinness Atkinson Funds, and traders can use it to determine the average amount a Guinness Atkinson'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 = -0.0204
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| Negative Returns | SOLR |
Estimated Market Risk
| 1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Guinness Atkinson 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 Guinness Atkinson by adding Guinness Atkinson to a well-diversified portfolio.
Guinness Atkinson Fundamentals Growth
Guinness Etf prices reflect investors' perceptions of the future prospects and financial health of Guinness Atkinson, and Guinness Atkinson 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 Guinness Etf performance.
| Earnings Per Share | 1.24 X | |||
| Total Asset | 4.69 M | |||
About Guinness Atkinson Performance
Assessing Guinness Atkinson's fundamental ratios provides investors with valuable insights into Guinness Atkinson's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Guinness Atkinson 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 invests, under normal conditions, at least 80 percent of its net assets in publicly-traded equity securities of sustainable energy companies . Smartetfs Sustainable is traded on BATS Exchange in the United States.| Guinness Atkinson generated a negative expected return over the last 90 days | |
| The fund created three year return of -5.0% | |
| Guinness Atkinson Funds maintains 95.79% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Guinness Atkinson Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Guinness Atkinson Funds is measured differently than its book value, which is the value of Guinness that is recorded on the company's balance sheet. Investors also form their own opinion of Guinness Atkinson's value that differs from its market value or its book value, called intrinsic value, which is Guinness Atkinson'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 Guinness Atkinson's market value can be influenced by many factors that don't directly affect Guinness Atkinson'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 Guinness Atkinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guinness Atkinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guinness Atkinson'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.