Evolve Sptsx 60 Etf Performance
| ETSX Etf | 24.04 0.03 0.12% |
The etf shows a Beta (market volatility) of 0.33, which means possible diversification benefits within a given portfolio. As returns on the market increase, Evolve SPTSX's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve SPTSX is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Evolve SPTSX 60 are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Evolve SPTSX may actually be approaching a critical reversion point that can send shares even higher in January 2026. ...more
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Evolve SPTSX Relative Risk vs. Return Landscape
If you would invest 2,253 in Evolve SPTSX 60 on September 28, 2025 and sell it today you would earn a total of 151.00 from holding Evolve SPTSX 60 or generate 6.7% return on investment over 90 days. Evolve SPTSX 60 is generating 0.1056% of daily returns and assumes 0.7164% volatility on return distribution over the 90 days horizon. Simply put, 6% of etfs are less volatile than Evolve, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Evolve SPTSX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve SPTSX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve SPTSX 60, and traders can use it to determine the average amount a Evolve SPTSX'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 = 0.1473
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Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Evolve SPTSX is performing at about 11% 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 Evolve SPTSX by adding it to a well-diversified portfolio.
Evolve SPTSX Fundamentals Growth
Evolve Etf prices reflect investors' perceptions of the future prospects and financial health of Evolve SPTSX, and Evolve SPTSX 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 Evolve Etf performance.
About Evolve SPTSX Performance
By examining Evolve SPTSX's fundamental ratios, stakeholders can obtain critical insights into Evolve SPTSX'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 Evolve SPTSX 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.
Evolve SPTSX is entity of Canada. It is traded as Etf on TO exchange.