Chir Etf Performance
| CHIR Etf | USD 17.11 0.50 3.01% |
The etf shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CHIR are expected to decrease at a much lower rate. During the bear market, CHIR is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days CHIR has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable forward indicators, CHIR is not utilizing all of its potentials. The recent stock price agitation, may contribute to short-term losses for the retail investors. ...more
| In Threey Sharp Ratio | -0.64 |
CHIR |
CHIR Relative Risk vs. Return Landscape
If you would invest 1,711 in CHIR on September 14, 2024 and sell it today you would earn a total of 0.00 from holding CHIR or generate 0.0% return on investment over 90 days. CHIR 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 CHIR, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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CHIR Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHIR's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as CHIR, and traders can use it to determine the average amount a CHIR'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
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Based on monthly moving average CHIR 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 CHIR by adding CHIR to a well-diversified portfolio.
CHIR Fundamentals Growth
CHIR Etf prices reflect investors' perceptions of the future prospects and financial health of CHIR, and CHIR 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 CHIR Etf performance.
| Total Asset | 6.09 M | |||
About CHIR Performance
Assessing CHIR's fundamental ratios provides investors with valuable insights into CHIR's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the CHIR is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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.| CHIR is not yet fully synchronised with the market data | |
| CHIR created five year return of -22.0% | |
| This fund holds 100.03% 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 Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of CHIR is measured differently than its book value, which is the value of CHIR that is recorded on the company's balance sheet. Investors also form their own opinion of CHIR's value that differs from its market value or its book value, called intrinsic value, which is CHIR'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 CHIR's market value can be influenced by many factors that don't directly affect CHIR'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 CHIR's value and its price as these two are different measures arrived at by different means. Investors typically determine if CHIR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHIR'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.