Macquarie Etf Trust Etf Performance
| STAX Etf | 25.33 0.01 0.04% |
The etf secures a Beta (Market Risk) of 0.0079, which conveys not very significant fluctuations relative to the market. 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
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Macquarie ETF Trust are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Macquarie ETF is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Macquarie |
Macquarie ETF Relative Risk vs. Return Landscape
If you would invest 2,509 in Macquarie ETF Trust on December 23, 2024 and sell it today you would earn a total of 24.00 from holding Macquarie ETF Trust or generate 0.96% return on investment over 90 days. Macquarie ETF Trust is currently generating 0.0156% in daily expected returns and assumes 0.068% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than Macquarie, 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 |
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 = 0.23
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| STAX |
Based on monthly moving average Macquarie ETF is performing at about 18% 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.
About Macquarie ETF Performance
Evaluating Macquarie ETF's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Macquarie ETF 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 Macquarie ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.