Ft Cboe Vest Etf Performance
| XAUG Etf | 34.17 0.19 0.56% |
The etf owns a Beta (Systematic Risk) of -0.0811, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FT Cboe are expected to decrease at a much lower rate. During the bear market, FT Cboe is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days FT Cboe Vest has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, FT Cboe is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
XAUG |
FT Cboe Relative Risk vs. Return Landscape
If you would invest 3,416 in FT Cboe Vest on December 20, 2024 and sell it today you would earn a total of 1.00 from holding FT Cboe Vest or generate 0.03% return on investment over 90 days. FT Cboe Vest is currently generating 0.0011% in daily expected returns and assumes 0.3563% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than XAUG, 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 |
FT Cboe Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FT Cboe's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as FT Cboe Vest, and traders can use it to determine the average amount a FT Cboe'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 = 0.0031
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XAUG |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FT Cboe 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 FT Cboe by adding FT Cboe to a well-diversified portfolio.
About FT Cboe Performance
By analyzing FT Cboe's fundamental ratios, stakeholders can gain valuable insights into FT Cboe's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if FT Cboe 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 FT Cboe has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.