Bondbloxx Etf Trust Etf Performance
| HYSA Etf | 15.26 0.03 0.20% |
The etf shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BondBloxx ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding BondBloxx ETF is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in BondBloxx ETF Trust are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, BondBloxx ETF is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Long Term Investment Analysis - Stock Traders Daily | 11/18/2024 |
BondBloxx |
BondBloxx ETF Relative Risk vs. Return Landscape
If you would invest 1,489 in BondBloxx ETF Trust on September 1, 2024 and sell it today you would earn a total of 37.00 from holding BondBloxx ETF Trust or generate 2.48% return on investment over 90 days. BondBloxx ETF Trust is currently generating 0.0394% in daily expected returns and assumes 0.3081% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than BondBloxx, 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 |
BondBloxx ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BondBloxx ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BondBloxx ETF Trust, and traders can use it to determine the average amount a BondBloxx ETF'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 = 0.128
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HYSA |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average BondBloxx ETF is performing at about 10% 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 BondBloxx ETF by adding it to a well-diversified portfolio.
About BondBloxx ETF Performance
By analyzing BondBloxx ETF's fundamental ratios, stakeholders can gain valuable insights into BondBloxx ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BondBloxx ETF 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 BondBloxx ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
BondBloxx ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from news.google.com: Long Term Investment Analysis - Stock Traders Daily |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in BondBloxx ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of BondBloxx ETF Trust is measured differently than its book value, which is the value of BondBloxx that is recorded on the company's balance sheet. Investors also form their own opinion of BondBloxx ETF's value that differs from its market value or its book value, called intrinsic value, which is BondBloxx ETF'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 BondBloxx ETF's market value can be influenced by many factors that don't directly affect BondBloxx ETF'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 BondBloxx ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if BondBloxx ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BondBloxx ETF'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.