Microsectors Fang Index Etf Performance
| FNGD Etf | USD 16.56 0.04 0.24% |
The etf secures a Beta (Market Risk) of -3.29, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning MicroSectors FANG are expected to decrease by larger amounts. On the other hand, during market turmoil, MicroSectors FANG is expected to outperform it.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days MicroSectors FANG Index has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Etf's technical and fundamental indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for the fund shareholders. ...more
| In Threey Sharp Ratio | -0.82 |
MicroSectors |
MicroSectors FANG Relative Risk vs. Return Landscape
If you would invest 2,397 in MicroSectors FANG Index on August 24, 2024 and sell it today you would lose (741.00) from holding MicroSectors FANG Index or give up 30.91% of portfolio value over 90 days. MicroSectors FANG Index is currently does not generate positive expected returns and assumes 4.1693% risk (volatility on return distribution) over the 90 days horizon. In different words, 37% of etfs are less volatile than MicroSectors, 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 |
MicroSectors FANG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MicroSectors FANG's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as MicroSectors FANG Index, and traders can use it to determine the average amount a MicroSectors FANG'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 = -0.1179
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FNGD |
Estimated Market Risk
| 4.17 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MicroSectors FANG 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 MicroSectors FANG by adding MicroSectors FANG to a well-diversified portfolio.
MicroSectors FANG Fundamentals Growth
MicroSectors Etf prices reflect investors' perceptions of the future prospects and financial health of MicroSectors FANG, and MicroSectors FANG 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 MicroSectors Etf performance.
| Return On Equity | 10.9 | |||
| Return On Asset | 0.66 | |||
| Profit Margin | 22.22 % | |||
| Operating Margin | 32.61 % | |||
| Shares Outstanding | 652.1 M | |||
| Price To Sales | 1.05 X | |||
| Revenue | 16.35 B | |||
| Cash And Equivalents | 189.5 B | |||
| Cash Per Share | 295.80 X | |||
| Total Debt | 99.79 B | |||
| Cash Flow From Operations | (9.31 B) | |||
| Total Asset | 183.6 M | |||
About MicroSectors FANG Performance
By analyzing MicroSectors FANG's fundamental ratios, stakeholders can gain valuable insights into MicroSectors FANG's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MicroSectors FANG 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 MicroSectors FANG has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. Microsectors Fang is traded on NYSEARCA Exchange in the United States.| MicroSectors FANG generated a negative expected return over the last 90 days | |
| MicroSectors FANG has high historical volatility and very poor performance | |
| MicroSectors FANG Index created five year return of -77.0% | |
| This fund retains all 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 MicroSectors FANG Index. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of MicroSectors FANG Index is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG'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 MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG'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 MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG'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.