Trimtabs Donoghue Forlines Etf Performance
| DFNV Etf | USD 37.05 0.14 0.38% |
The entity has a beta of 0.99, which indicates possible diversification benefits within a given portfolio. TrimTabs Donoghue returns are very sensitive to returns on the market. As the market goes up or down, TrimTabs Donoghue is expected to follow.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in TrimTabs Donoghue Forlines are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of fairly conflicting basic indicators, TrimTabs Donoghue showed solid returns over the last few months and may actually be approaching a breakup point. ...more
TrimTabs |
TrimTabs Donoghue Relative Risk vs. Return Landscape
If you would invest 3,192 in TrimTabs Donoghue Forlines on September 1, 2024 and sell it today you would earn a total of 513.00 from holding TrimTabs Donoghue Forlines or generate 16.07% return on investment over 90 days. TrimTabs Donoghue Forlines is currently generating 0.2372% in daily expected returns and assumes 0.91% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than TrimTabs, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
TrimTabs Donoghue Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TrimTabs Donoghue's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as TrimTabs Donoghue Forlines, and traders can use it to determine the average amount a TrimTabs Donoghue'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 = 0.2607
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DFNV | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average TrimTabs Donoghue is performing at about 20% 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 TrimTabs Donoghue by adding it to a well-diversified portfolio.
TrimTabs Donoghue Fundamentals Growth
TrimTabs Etf prices reflect investors' perceptions of the future prospects and financial health of TrimTabs Donoghue, and TrimTabs Donoghue 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 TrimTabs Etf performance.
| Total Asset | 61.05 M | |||
About TrimTabs Donoghue Performance
Evaluating TrimTabs Donoghue's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if TrimTabs Donoghue 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 TrimTabs Donoghue 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.
To pursue its investment objective, the fund invests, under normal market circumstances, at least 80 percent of its net assets in component securities of the index. Trimtabs Donoghue is traded on BATS Exchange in the United States.