Acruence Active Hedge Etf Performance
| XVOL Etf | USD 20.09 0.00 0.00% |
The etf shows a Beta (market volatility) of 0.81, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Acruence Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding Acruence Active is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Acruence Active Hedge has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Etf's basic indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the ETF venture institutional investors. ...more
| In Threey Sharp Ratio | 0.05 |
Acruence |
Acruence Active Relative Risk vs. Return Landscape
If you would invest 2,182 in Acruence Active Hedge on December 24, 2024 and sell it today you would lose (172.60) from holding Acruence Active Hedge or give up 7.91% of portfolio value over 90 days. Acruence Active Hedge is currently does not generate positive expected returns and assumes 1.0914% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Acruence, 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 |
Acruence Active Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acruence Active's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Acruence Active Hedge, and traders can use it to determine the average amount a Acruence Active'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 = -0.1183
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| Negative Returns | XVOL |
Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Acruence Active 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 Acruence Active by adding Acruence Active to a well-diversified portfolio.
Acruence Active Fundamentals Growth
Acruence Etf prices reflect investors' perceptions of the future prospects and financial health of Acruence Active, and Acruence Active 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 Acruence Etf performance.
| Total Asset | 11.78 M | |||
About Acruence Active Performance
By examining Acruence Active's fundamental ratios, stakeholders can obtain critical insights into Acruence Active's 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 Acruence Active 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 fund is an actively-managed ETF that seeks to achieve its objective by investing nearly all of the funds assets in a portfolio replicating the constituents and weights of the SP 500, while seeking to reduce volatility by purchasing options contracts on the CBOE Volatility Index. Acruence Active is traded on BATS Exchange in the United States.| Acruence Active generated a negative expected return over the last 90 days | |
| The fund keeps 98.59% of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Acruence Active Hedge. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Acruence Active Hedge is measured differently than its book value, which is the value of Acruence that is recorded on the company's balance sheet. Investors also form their own opinion of Acruence Active's value that differs from its market value or its book value, called intrinsic value, which is Acruence Active'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 Acruence Active's market value can be influenced by many factors that don't directly affect Acruence Active'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 Acruence Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acruence Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acruence Active'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.