Rayliant Quantamental China Etf Performance
| RAYC Etf | USD 14.10 0.13 0.93% |
The etf holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rayliant Quantamental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rayliant Quantamental is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Rayliant Quantamental China has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Rayliant Quantamental is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| In Threey Sharp Ratio | -0.60 |
Rayliant |
Rayliant Quantamental Relative Risk vs. Return Landscape
If you would invest 1,467 in Rayliant Quantamental China on November 9, 2024 and sell it today you would lose (57.00) from holding Rayliant Quantamental China or give up 3.89% of portfolio value over 90 days. Rayliant Quantamental China is currently does not generate positive expected returns and assumes 1.528% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of etfs are less volatile than Rayliant, 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 |
Rayliant Quantamental Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rayliant Quantamental's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Rayliant Quantamental China, and traders can use it to determine the average amount a Rayliant Quantamental'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 = -0.0365
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| Negative Returns | RAYC |
Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rayliant Quantamental 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 Rayliant Quantamental by adding Rayliant Quantamental to a well-diversified portfolio.
Rayliant Quantamental Fundamentals Growth
Rayliant Etf prices reflect investors' perceptions of the future prospects and financial health of Rayliant Quantamental, and Rayliant Quantamental 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 Rayliant Etf performance.
| Total Asset | 99.26 M | |||
About Rayliant Quantamental Performance
By analyzing Rayliant Quantamental's fundamental ratios, stakeholders can gain valuable insights into Rayliant Quantamental's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Rayliant Quantamental 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 Rayliant Quantamental has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund invests, under normal circumstances, at least 80 percent of its net assets plus any borrowings for investment purposes in equity securities of issuers based in China. Rayliant Quantamental is traded on NYSEARCA Exchange in the United States.| Rayliant Quantamental generated a negative expected return over the last 90 days | |
| The fund created three year return of -13.0% | |
| Rayliant Quantamental maintains 99.45% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rayliant Quantamental China. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Rayliant Quantamental is measured differently than its book value, which is the value of Rayliant that is recorded on the company's balance sheet. Investors also form their own opinion of Rayliant Quantamental's value that differs from its market value or its book value, called intrinsic value, which is Rayliant Quantamental'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 Rayliant Quantamental's market value can be influenced by many factors that don't directly affect Rayliant Quantamental'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 Rayliant Quantamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rayliant Quantamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rayliant Quantamental'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.