Clearshares Ultra Short Maturity Etf Performance
| OPER Etf | USD 100.09 0.31 0.31% |
The etf shows a Beta (market volatility) of 0.007, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ClearShares Ultra's returns are expected to increase less than the market. However, during the bear market, the loss of holding ClearShares Ultra is expected to be smaller as well.
Risk-Adjusted Performance
21 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in ClearShares Ultra Short Maturity are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable technical and fundamental indicators, ClearShares Ultra is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
| In Threey Sharp Ratio | -2.74 |
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ClearShares Ultra Relative Risk vs. Return Landscape
If you would invest 9,935 in ClearShares Ultra Short Maturity on November 2, 2024 and sell it today you would earn a total of 74.00 from holding ClearShares Ultra Short Maturity or generate 0.74% return on investment over 90 days. ClearShares Ultra Short Maturity is currently generating 0.0124% in daily expected returns and assumes 0.045% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than ClearShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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ClearShares Ultra Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ClearShares Ultra's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ClearShares Ultra Short Maturity, and traders can use it to determine the average amount a ClearShares Ultra'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 = 0.2751
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Based on monthly moving average ClearShares Ultra is performing at about 21% 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 ClearShares Ultra by adding it to a well-diversified portfolio.
ClearShares Ultra Fundamentals Growth
ClearShares Etf prices reflect investors' perceptions of the future prospects and financial health of ClearShares Ultra, and ClearShares Ultra 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 ClearShares Etf performance.
| Total Asset | 260.42 M | |||
About ClearShares Ultra Performance
Assessing ClearShares Ultra's fundamental ratios provides investors with valuable insights into ClearShares Ultra's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ClearShares Ultra is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective primarily by investing in repurchase agreements collateralized by U.S. government securities. Clearshares Ultra-Short is traded on NYSEARCA Exchange in the United States.| The fund maintains all of the assets in different exotic instruments |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ClearShares Ultra Short Maturity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of ClearShares Ultra Short is measured differently than its book value, which is the value of ClearShares that is recorded on the company's balance sheet. Investors also form their own opinion of ClearShares Ultra's value that differs from its market value or its book value, called intrinsic value, which is ClearShares Ultra'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 ClearShares Ultra's market value can be influenced by many factors that don't directly affect ClearShares Ultra'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 ClearShares Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearShares Ultra'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.