Zega Buy And Etf Performance
| ZHDG Etf | USD 20.50 0.07 0.34% |
The entity maintains a market beta of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, ZEGA Buy's returns are expected to increase less than the market. However, during the bear market, the loss of holding ZEGA Buy is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days ZEGA Buy and has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, ZEGA Buy is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| In Threey Sharp Ratio | 0.03 |
ZEGA |
ZEGA Buy Relative Risk vs. Return Landscape
If you would invest 2,086 in ZEGA Buy and on November 28, 2024 and sell it today you would lose (36.00) from holding ZEGA Buy and or give up 1.73% of portfolio value over 90 days. ZEGA Buy and is currently does not generate positive expected returns and assumes 0.7001% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than ZEGA, 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 |
ZEGA Buy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ZEGA Buy's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ZEGA Buy and, and traders can use it to determine the average amount a ZEGA Buy'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 = -0.0394
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZHDG |
Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ZEGA Buy 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 ZEGA Buy by adding ZEGA Buy to a well-diversified portfolio.
ZEGA Buy Fundamentals Growth
ZEGA Etf prices reflect investors' perceptions of the future prospects and financial health of ZEGA Buy, and ZEGA Buy 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 ZEGA Etf performance.
| Total Asset | 84.6 M | |||
About ZEGA Buy Performance
By analyzing ZEGA Buy's fundamental ratios, stakeholders can gain valuable insights into ZEGA Buy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ZEGA Buy 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 ZEGA Buy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund invests in a combination of options, as well as fixed income securities, or other income producing securities, including preferred shares, through ETFs or other investment companies or through direct investments. Zega Buy is traded on NYSEARCA Exchange in the United States.| ZEGA Buy generated a negative expected return over the last 90 days | |
| The fund keeps about 5.02% of its net assets in bonds |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZEGA Buy and. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of ZEGA Buy is measured differently than its book value, which is the value of ZEGA that is recorded on the company's balance sheet. Investors also form their own opinion of ZEGA Buy's value that differs from its market value or its book value, called intrinsic value, which is ZEGA Buy'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 ZEGA Buy's market value can be influenced by many factors that don't directly affect ZEGA Buy'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 ZEGA Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZEGA Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZEGA Buy'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.