Tech Leaders Income Etf Performance
| TLF Etf | CAD 22.71 0.07 0.31% |
The entity has a beta of 0.91, which indicates possible diversification benefits within a given portfolio. Tech Leaders returns are very sensitive to returns on the market. As the market goes up or down, Tech Leaders is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Tech Leaders Income has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Etf's technical and fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
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Tech |
Tech Leaders Relative Risk vs. Return Landscape
If you would invest 2,525 in Tech Leaders Income on December 24, 2024 and sell it today you would lose (254.00) from holding Tech Leaders Income or give up 10.06% of portfolio value over 90 days. Tech Leaders Income is producing return of less than zero assuming 1.4704% volatility of returns over the 90 days investment horizon. Simply put, 13% of all etfs have less volatile historical return distribution than Tech Leaders, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tech Leaders Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tech Leaders' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Tech Leaders Income, and traders can use it to determine the average amount a Tech Leaders' 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 = -0.1108
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TLF |
Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tech Leaders 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 Tech Leaders by adding Tech Leaders to a well-diversified portfolio.
Tech Leaders Fundamentals Growth
Tech Etf prices reflect investors' perceptions of the future prospects and financial health of Tech Leaders, and Tech Leaders 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 Tech Etf performance.
| Total Asset | 37.92 M | |||
About Tech Leaders Performance
By examining Tech Leaders' fundamental ratios, stakeholders can obtain critical insights into Tech Leaders' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Tech Leaders is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The investment objectives of TLF are to provide holders of Units of TLF with stable monthly cash distributions the opportunity for capital appreciation and lower overall volatility of portfolio returns than would otherwise be experienced by owning securities of Technology Companies directly. BROMPTON TECH is traded on Toronto Stock Exchange in Canada.| Tech Leaders Income generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Advanced Equity Analysis - Stock Traders Daily |
Other Information on Investing in Tech Etf
Tech Leaders financial ratios help investors to determine whether Tech Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tech with respect to the benefits of owning Tech Leaders security.