Haoxi Health Technology Etf Performance
| HAO Etf | USD 0.24 0.01 4.00% |
The etf retains a Market Volatility (i.e., Beta) of -2.65, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Haoxi Health are expected to decrease by larger amounts. On the other hand, during market turmoil, Haoxi Health is expected to outperform it.
Risk-Adjusted Performance
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Over the last 90 days Haoxi Health Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Etf's basic indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the ETF investors. ...more
1 | ChineseNewsBreaks Haoxi Health Technology Ltd. Secures 12 Million in Follow-on Public Offering | 09/25/2024 |
2 | Haoxi Health Technology expects FY24 revenue of about 48.52M | 10/07/2024 |
3 | Hao Health Technology Stock Surges Over 6 percent Amidst Market Fluctuations | 10/15/2024 |
4 | Haoxi Health Technology Full Year 2024 Earnings EPS US0.04 | 10/31/2024 |
5 | Haoxi Health Technology Limited Soars 31 percent But Its A Story Of Risk Vs Reward | 11/22/2024 |
| Begin Period Cash Flow | 1.2 M |
Haoxi |
Haoxi Health Relative Risk vs. Return Landscape
If you would invest 360.00 in Haoxi Health Technology on August 28, 2024 and sell it today you would lose (336.00) from holding Haoxi Health Technology or give up 93.33% of portfolio value over 90 days. Haoxi Health Technology is generating negative expected returns assuming volatility of 13.0643% on return distribution over 90 days investment horizon. In other words, majority of equities are less volatile than Haoxi, and most equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Haoxi Health Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Haoxi Health's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Haoxi Health Technology, and traders can use it to determine the average amount a Haoxi Health'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 = -0.2195
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| Negative Returns | HAO |
Estimated Market Risk
| 13.06 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.87 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Haoxi Health 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 Haoxi Health by adding Haoxi Health to a well-diversified portfolio.
Haoxi Health Fundamentals Growth
Haoxi Etf prices reflect investors' perceptions of the future prospects and financial health of Haoxi Health, and Haoxi Health 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 Haoxi Etf performance.
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 6.85 M | ||||
| Shares Outstanding | 32.96 M | ||||
| Price To Earning | 10.88 X | ||||
| Price To Book | 1.09 X | ||||
| Price To Sales | 0.25 X | ||||
| Revenue | 48.52 M | ||||
| EBITDA | 2.75 M | ||||
| Total Debt | 833.52 K | ||||
| Book Value Per Share | 0.35 X | ||||
| Cash Flow From Operations | (747.58 K) | ||||
| Earnings Per Share | 0.04 X | ||||
| Total Asset | 15.51 M | ||||
| Retained Earnings | 723.21 K | ||||
About Haoxi Health Performance
By examining Haoxi Health's fundamental ratios, stakeholders can obtain critical insights into Haoxi Health'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 Haoxi Health 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.
The investment seeks to track the investment results of the AlphaShares China Small Cap Index . Invesco China is traded on PCX Exchange in the United States.| Haoxi Health generated a negative expected return over the last 90 days | |
| Haoxi Health has high historical volatility and very poor performance | |
| Haoxi Health has some characteristics of a very speculative penny stock | |
| Haoxi Health generates negative cash flow from operations | |
| About 35.0% of the company shares are held by company insiders | |
| Latest headline from simplywall.st: Haoxi Health Technology Limited Soars 31 percent But Its A Story Of Risk Vs Reward | |
| The fund retains 99.27% of its assets under management (AUM) in equities |
Other Information on Investing in Haoxi Etf
Haoxi Health financial ratios help investors to determine whether Haoxi Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Haoxi with respect to the benefits of owning Haoxi Health security.