Two Roads Shared Etf Performance
| CGV Etf | USD 13.18 0.13 1.00% |
The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Two Roads' returns are expected to increase less than the market. However, during the bear market, the loss of holding Two Roads is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Two Roads Shared are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable technical and fundamental indicators, Two Roads 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 | Abercrombie Fitchs Global Growth Powers Q3 Beat, Outlook Raised For 2024 | 11/26/2024 |
Two |
Two Roads Relative Risk vs. Return Landscape
If you would invest 1,296 in Two Roads Shared on September 3, 2024 and sell it today you would earn a total of 22.00 from holding Two Roads Shared or generate 1.7% return on investment over 90 days. Two Roads Shared is generating 0.0289% of daily returns assuming volatility of 0.7218% on return distribution over 90 days investment horizon. In other words, 6% of etfs are less volatile than Two, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Two Roads Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Two Roads' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Two Roads Shared, and traders can use it to determine the average amount a Two Roads' 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 = 0.04
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| Negative Returns | CGV |
Estimated Market Risk
| 0.72 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 | 3 97% of assets perform better |
Based on monthly moving average Two Roads is performing at about 3% 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 Two Roads by adding it to a well-diversified portfolio.
Two Roads Fundamentals Growth
Two Etf prices reflect investors' perceptions of the future prospects and financial health of Two Roads, and Two Roads 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 Two Etf performance.
| Return On Asset | 2.36 | |||
| Profit Margin | 2.75 % | |||
| Operating Margin | 8.71 % | |||
| Current Valuation | 5.83 B | |||
| Shares Outstanding | 151.98 M | |||
| Price To Earning | 49.67 X | |||
| Price To Book | 1.08 X | |||
| Price To Sales | 1.36 X | |||
| Revenue | 3.11 B | |||
| EBITDA | 889.99 M | |||
| Cash And Equivalents | 337.1 M | |||
| Cash Per Share | 2.22 X | |||
| Total Debt | 2 B | |||
| Debt To Equity | 0.50 % | |||
| Cash Flow From Operations | 740.88 M | |||
| Earnings Per Share | 0.55 X | |||
| Total Asset | 64.07 M | |||
| Retained Earnings | 1.16 B | |||
| Current Asset | 2.12 B | |||
| Current Liabilities | 1.16 B | |||
About Two Roads Performance
Evaluating Two Roads' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Two Roads 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 Two Roads 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 seeks to invest under normal circumstances in equity securities that are economically tied to at least three countries . Affinity Conductor is traded on NYSEARCA Exchange in the United States.| Latest headline from finance.yahoo.com: Abercrombie Fitchs Global Growth Powers Q3 Beat, Outlook Raised For 2024 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Two Roads Shared. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of Two Roads Shared is measured differently than its book value, which is the value of Two that is recorded on the company's balance sheet. Investors also form their own opinion of Two Roads' value that differs from its market value or its book value, called intrinsic value, which is Two Roads' 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 Two Roads' market value can be influenced by many factors that don't directly affect Two Roads' 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 Two Roads' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Roads is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Roads' 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.