Smartetfs Asia Pacific Etf Performance
| ADIV Etf | USD 15.52 0.01 0.06% |
The entity has a beta of -0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SmartETFs Asia are expected to decrease at a much lower rate. During the bear market, SmartETFs Asia is likely to outperform the market.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in SmartETFs Asia Pacific are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable forward indicators, SmartETFs Asia is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Asia And Europe Markets Advance, Dollar Ticks Higher And Gold Holds Above 2,540 - Global Markets Today While US Slept - SmartETFs Asia Pacific Dividend Builder ... | 08/30/2024 |
2 | Asia Mixed, Europe Up Dollar Index Steady While Oil Ticks Higher - Global Markets Today While US Slept - Benzinga | 10/25/2024 |
3 | Asia Mixed, Europe Markets Gain Gold Slips And Dollar Gains Against Yen - Global Markets Today While US Slept - Benzinga | 11/20/2024 |
| In Threey Sharp Ratio | 0.05 |
SmartETFs |
SmartETFs Asia Relative Risk vs. Return Landscape
If you would invest 1,517 in SmartETFs Asia Pacific on August 28, 2024 and sell it today you would earn a total of 35.00 from holding SmartETFs Asia Pacific or generate 2.31% return on investment over 90 days. SmartETFs Asia Pacific is currently generating 0.0459% in daily expected returns and assumes 1.4042% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of etfs are less volatile than SmartETFs, 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 |
SmartETFs Asia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SmartETFs Asia's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SmartETFs Asia Pacific, and traders can use it to determine the average amount a SmartETFs Asia'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 = 0.0327
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ADIV |
Estimated Market Risk
| 1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average SmartETFs Asia is performing at about 2% of its full potential. 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 SmartETFs Asia by adding it to a well-diversified portfolio.
SmartETFs Asia Fundamentals Growth
SmartETFs Etf prices reflect investors' perceptions of the future prospects and financial health of SmartETFs Asia, and SmartETFs Asia 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 SmartETFs Etf performance.
| Total Asset | 3.06 M | |||
About SmartETFs Asia Performance
Evaluating SmartETFs Asia's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if SmartETFs Asia 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 SmartETFs Asia has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its net assets in publicly-traded, dividend-producing equity securities of companies that are tied economically to countries in the Asia Pacific region. Smartetfs Asia is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Asia Mixed, Europe Markets Gain Gold Slips And Dollar Gains Against Yen - Global Markets Today While US Slept - Benzinga | |
| The fund holds 96.51% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SmartETFs Asia Pacific. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of SmartETFs Asia Pacific is measured differently than its book value, which is the value of SmartETFs that is recorded on the company's balance sheet. Investors also form their own opinion of SmartETFs Asia's value that differs from its market value or its book value, called intrinsic value, which is SmartETFs Asia'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 SmartETFs Asia's market value can be influenced by many factors that don't directly affect SmartETFs Asia'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 SmartETFs Asia's value and its price as these two are different measures arrived at by different means. Investors typically determine if SmartETFs Asia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SmartETFs Asia'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.