Day Haganned Davis Etf Performance
| SSXU Etf | USD 29.01 0.02 0.07% |
The etf shows a Beta (market volatility) of 0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, Day HaganNed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Day HaganNed is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Day HaganNed Davis has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Day HaganNed is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Investment Report - Stock Traders Daily | 11/15/2024 |
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Day HaganNed Relative Risk vs. Return Landscape
If you would invest 2,969 in Day HaganNed Davis on August 27, 2024 and sell it today you would lose (68.00) from holding Day HaganNed Davis or give up 2.29% of portfolio value over 90 days. Day HaganNed Davis is currently does not generate positive expected returns and assumes 0.8908% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Day, 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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Day HaganNed Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Day HaganNed's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Day HaganNed Davis, and traders can use it to determine the average amount a Day HaganNed'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 = -0.0363
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| Negative Returns | SSXU |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.03 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 Day HaganNed 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 Day HaganNed by adding Day HaganNed to a well-diversified portfolio.
About Day HaganNed Performance
Assessing Day HaganNed's fundamental ratios provides investors with valuable insights into Day HaganNed's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Day HaganNed 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.
Day HaganNed is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Day HaganNed Davis generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Investment Report - Stock Traders Daily |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Day HaganNed Davis. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Day HaganNed Davis is measured differently than its book value, which is the value of Day that is recorded on the company's balance sheet. Investors also form their own opinion of Day HaganNed's value that differs from its market value or its book value, called intrinsic value, which is Day HaganNed'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 Day HaganNed's market value can be influenced by many factors that don't directly affect Day HaganNed'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 Day HaganNed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Day HaganNed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Day HaganNed'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.