Point Bridge Gop Etf Performance
| MAGA Etf | USD 52.00 0.49 0.93% |
The etf holds a Beta of 0.9, which implies possible diversification benefits within a given portfolio. Point Bridge returns are very sensitive to returns on the market. As the market goes up or down, Point Bridge is expected to follow.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Point Bridge GOP are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat fragile technical and fundamental indicators, Point Bridge may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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Point Bridge Relative Risk vs. Return Landscape
If you would invest 4,726 in Point Bridge GOP on September 4, 2024 and sell it today you would earn a total of 474.00 from holding Point Bridge GOP or generate 10.03% return on investment over 90 days. Point Bridge GOP is currently generating 0.1523% in daily expected returns and assumes 0.7696% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Point, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Point Bridge Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Point Bridge's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Point Bridge GOP, and traders can use it to determine the average amount a Point Bridge'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 = 0.198
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Point Bridge is performing at about 15% 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 Point Bridge by adding it to a well-diversified portfolio.
Point Bridge Fundamentals Growth
Point Etf prices reflect investors' perceptions of the future prospects and financial health of Point Bridge, and Point Bridge 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 Point Etf performance.
| Total Asset | 13.72 M | |||
About Point Bridge Performance
By analyzing Point Bridge's fundamental ratios, stakeholders can gain valuable insights into Point Bridge's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Point Bridge 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 Point Bridge has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Under normal circumstances, at least 80 percent of the funds net assets will be invested in the securities of U.S. companies. Point Bridge is traded on BATS Exchange in the United States.| Latest headline from aol.com: From King Donald kids books to pills claiming to reverse Covid vaccine Kash Patels MAGA merch ventures | |
| The fund maintains 99.74% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Point Bridge GOP. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of Point Bridge GOP is measured differently than its book value, which is the value of Point that is recorded on the company's balance sheet. Investors also form their own opinion of Point Bridge's value that differs from its market value or its book value, called intrinsic value, which is Point Bridge'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 Point Bridge's market value can be influenced by many factors that don't directly affect Point Bridge'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 Point Bridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Point Bridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Point Bridge'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.