Elkhorn Etf Performance
The etf shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Elkhorn are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Elkhorn has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, Elkhorn is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Elkhorn |
Elkhorn Relative Risk vs. Return Landscape
If you would invest (100.00) in Elkhorn on September 24, 2024 and sell it today you would earn a total of 100.00 from holding Elkhorn or generate -100.0% return on investment over 90 days. Elkhorn is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Put differently, 0% of etfs are less risky than Elkhorn on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
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Elkhorn Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elkhorn's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Elkhorn, and traders can use it to determine the average amount a Elkhorn'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 = 0.0
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Based on monthly moving average Elkhorn 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 Elkhorn by adding Elkhorn to a well-diversified portfolio.
Elkhorn Fundamentals Growth
Elkhorn Etf prices reflect investors' perceptions of the future prospects and financial health of Elkhorn, and Elkhorn 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 Elkhorn Etf performance.
| Total Asset | 742.76 K | |||
| Elkhorn is not yet fully synchronised with the market data | |
| Elkhorn has some characteristics of a very speculative penny stock | |
| The fund keeps 99.73% of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Other Tools for Elkhorn Etf
When running Elkhorn's price analysis, check to measure Elkhorn's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elkhorn is operating at the current time. Most of Elkhorn's value examination focuses on studying past and present price action to predict the probability of Elkhorn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elkhorn's price. Additionally, you may evaluate how the addition of Elkhorn to your portfolios can decrease your overall portfolio volatility.
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