Affinity World Leaders Etf Performance
| WLDR Etf | USD 29.60 0.19 0.64% |
The etf shows a Beta (market volatility) of -0.0464, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Affinity World are expected to decrease at a much lower rate. During the bear market, Affinity World is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Affinity World Leaders has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable fundamental indicators, Affinity World is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
| In Threey Sharp Ratio | 0.47 |
Affinity |
Affinity World Relative Risk vs. Return Landscape
If you would invest 3,001 in Affinity World Leaders on December 24, 2024 and sell it today you would earn a total of 4.94 from holding Affinity World Leaders or generate 0.16% return on investment over 90 days. Affinity World Leaders is currently generating 0.0072% in daily expected returns and assumes 0.9562% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Affinity, 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 |
Affinity World Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Affinity World's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Affinity World Leaders, and traders can use it to determine the average amount a Affinity World'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 = 0.0075
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WLDR |
Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Affinity World 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 Affinity World by adding Affinity World to a well-diversified portfolio.
Affinity World Fundamentals Growth
Affinity Etf prices reflect investors' perceptions of the future prospects and financial health of Affinity World, and Affinity World 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 Affinity Etf performance.
| Total Asset | 30.81 M | |||
About Affinity World Performance
Assessing Affinity World's fundamental ratios provides investors with valuable insights into Affinity World's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Affinity World 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 normally invests at least 80 percent of its net assets in equity securities included in the index. Affinity World is traded on BATS Exchange in the United States.| The fund keeps 99.81% of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Affinity World Leaders. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of Affinity World Leaders is measured differently than its book value, which is the value of Affinity that is recorded on the company's balance sheet. Investors also form their own opinion of Affinity World's value that differs from its market value or its book value, called intrinsic value, which is Affinity World'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 Affinity World's market value can be influenced by many factors that don't directly affect Affinity World'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 Affinity World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Affinity World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affinity World'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.