Chik Etf Performance
| CHIK Etf | USD 16.29 0.09 0.56% |
The etf shows a Beta (market volatility) of -0.0992, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CHIK are expected to decrease at a much lower rate. During the bear market, CHIK is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days CHIK has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent forward indicators, CHIK is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| In Threey Sharp Ratio | -1.20 |
CHIK |
CHIK Relative Risk vs. Return Landscape
If you would invest 1,629 in CHIK on September 4, 2024 and sell it today you would earn a total of 0.00 from holding CHIK or generate 0.0% return on investment over 90 days. CHIK is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than CHIK, 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 |
CHIK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHIK's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CHIK, and traders can use it to determine the average amount a CHIK'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
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| CHIK |
Based on monthly moving average CHIK 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 CHIK by adding CHIK to a well-diversified portfolio.
CHIK Fundamentals Growth
CHIK Etf prices reflect investors' perceptions of the future prospects and financial health of CHIK, and CHIK 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 CHIK Etf performance.
| Total Asset | 13.83 M | |||
About CHIK Performance
By examining CHIK's fundamental ratios, stakeholders can obtain critical insights into CHIK'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 CHIK 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 invests at least 80 percent of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. Gx MSCI is traded on NYSEARCA Exchange in the United States.| CHIK is not yet fully synchronised with the market data | |
| CHIK created five year return of -5.0% | |
| This fund holds 99.9% of its assets under management (AUM) in equities |
Check out Trending Equities 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 gross domestic product. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of CHIK is measured differently than its book value, which is the value of CHIK that is recorded on the company's balance sheet. Investors also form their own opinion of CHIK's value that differs from its market value or its book value, called intrinsic value, which is CHIK'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 CHIK's market value can be influenced by many factors that don't directly affect CHIK'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 CHIK's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIK'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.