Altrius Global Dividend Etf Performance
| DIVD Etf | USD 33.46 0.13 0.39% |
The etf shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Altrius Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altrius Global is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Altrius Global Dividend has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Altrius Global is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Altrius Global Dividend ETF declares monthly distribution of 0.1025 | 11/04/2024 |
Altrius |
Altrius Global Relative Risk vs. Return Landscape
If you would invest 3,382 in Altrius Global Dividend on August 27, 2024 and sell it today you would lose (36.00) from holding Altrius Global Dividend or give up 1.06% of portfolio value over 90 days. Altrius Global Dividend is currently does not generate positive expected returns and assumes 0.6061% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Altrius, 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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Altrius Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altrius Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Altrius Global Dividend, and traders can use it to determine the average amount a Altrius Global'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 = -0.0246
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| Negative Returns | DIVD |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Altrius Global 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 Altrius Global by adding Altrius Global to a well-diversified portfolio.
Altrius Global Fundamentals Growth
Altrius Etf prices reflect investors' perceptions of the future prospects and financial health of Altrius Global, and Altrius Global 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 Altrius Etf performance.
| Total Asset | 808.5 K | |||
About Altrius Global Performance
By analyzing Altrius Global's fundamental ratios, stakeholders can gain valuable insights into Altrius Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Altrius Global 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 Altrius Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
To pursue its objective, the fund will invest at least 90 percent of its net assets, plus the amount of any borrowings for investment purposes, in dividend-paying equity securities. Altrius Global is traded on NASDAQ Exchange in the United States.| Altrius Global generated a negative expected return over the last 90 days | |
| Latest headline from seekingalpha.com: Altrius Global Dividend ETF declares monthly distribution of 0.1025 | |
| The fund retains 99.69% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Altrius Global Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Altrius Global Dividend is measured differently than its book value, which is the value of Altrius that is recorded on the company's balance sheet. Investors also form their own opinion of Altrius Global's value that differs from its market value or its book value, called intrinsic value, which is Altrius Global'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 Altrius Global's market value can be influenced by many factors that don't directly affect Altrius Global'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 Altrius Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altrius Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altrius Global'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.