Psmg Etf Performance
| PSMG Etf | USD 16.62 0.00 0.00% |
The etf holds a Beta of -0.0289, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PSMG are expected to decrease at a much lower rate. During the bear market, PSMG is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days PSMG has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable primary indicators, PSMG is not utilizing all of its potentials. The newest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Fifty Two Week Low | 14.90 | |
| Fifty Two Week High | 20.31 |
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PSMG Relative Risk vs. Return Landscape
If you would invest 1,662 in PSMG on August 29, 2024 and sell it today you would earn a total of 0.00 from holding PSMG or generate 0.0% return on investment over 90 days. PSMG is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than PSMG, 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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PSMG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for PSMG's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as PSMG, and traders can use it to determine the average amount a PSMG'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 = 0.0
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Based on monthly moving average PSMG 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 PSMG by adding PSMG to a well-diversified portfolio.
PSMG Fundamentals Growth
PSMG Etf prices reflect investors' perceptions of the future prospects and financial health of PSMG, and PSMG 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 PSMG Etf performance.
| Total Asset | 23.43 M | |||
About PSMG Performance
By analyzing PSMG's fundamental ratios, stakeholders can gain valuable insights into PSMG's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if PSMG 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 PSMG has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund seeks to achieve its investment objective by allocating its assets using a growth investment style that seeks to maximize the benefits of diversification, which focuses on investing a greater portion of funds assets in Equity ETFs, but also provides some exposure to Fixed Income ETFs. Growth Multi-Asset is traded on BATS Exchange in the United States.| PSMG is not yet fully synchronised with the market data |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of PSMG is measured differently than its book value, which is the value of PSMG that is recorded on the company's balance sheet. Investors also form their own opinion of PSMG's value that differs from its market value or its book value, called intrinsic value, which is PSMG'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 PSMG's market value can be influenced by many factors that don't directly affect PSMG'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 PSMG's value and its price as these two are different measures arrived at by different means. Investors typically determine if PSMG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PSMG'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.