ETFS Morningstar (Australia) Performance
| TECH Etf | 111.79 0.59 0.53% |
The etf shows a Beta (market volatility) of -0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ETFS Morningstar are expected to decrease at a much lower rate. During the bear market, ETFS Morningstar is likely to outperform the market.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in ETFS Morningstar Global are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, ETFS Morningstar unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
ETFS |
ETFS Morningstar Relative Risk vs. Return Landscape
If you would invest 9,679 in ETFS Morningstar Global on September 4, 2024 and sell it today you would earn a total of 1,500 from holding ETFS Morningstar Global or generate 15.5% return on investment over 90 days. ETFS Morningstar Global is generating 0.2291% of daily returns and assumes 1.2159% volatility on return distribution over the 90 days horizon. Simply put, 10% of etfs are less volatile than ETFS, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ETFS Morningstar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETFS Morningstar's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETFS Morningstar Global, and traders can use it to determine the average amount a ETFS Morningstar'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 = 0.1884
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | TECH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average ETFS Morningstar is performing at about 14% 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 ETFS Morningstar by adding it to a well-diversified portfolio.
ETFS Morningstar Fundamentals Growth
ETFS Etf prices reflect investors' perceptions of the future prospects and financial health of ETFS Morningstar, and ETFS Morningstar 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 ETFS Etf performance.
About ETFS Morningstar Performance
Assessing ETFS Morningstar's fundamental ratios provides investors with valuable insights into ETFS Morningstar's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ETFS Morningstar 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.