T Rowe Price Etf Performance
| TTEQ Etf | 25.83 0.08 0.31% |
The entity has a beta of 0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, T Rowe's returns are expected to increase less than the market. However, during the bear market, the loss of holding T Rowe is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in T Rowe Price are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Even with relatively abnormal technical and fundamental indicators, T Rowe may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | TTEQ - T. Rowe Price Technology ETF Latest Stock News Market Updates - StockTitan | 10/24/2024 |
2 | Fund Files PGIM PM to retire, Goldman PM to come off 3.5bn in funds, T. Rowe launches tech ETF - Citywire Professional Buyer | 10/25/2024 |
3 | T. Rowe Price Offers its First Thematic Actively Managed ETF - Traders Magazine | 10/28/2024 |
TTEQ |
T Rowe Relative Risk vs. Return Landscape
If you would invest 2,519 in T Rowe Price on August 26, 2024 and sell it today you would earn a total of 64.00 from holding T Rowe Price or generate 2.54% return on investment over 90 days. T Rowe Price is currently generating 0.1156% in daily expected returns and assumes 1.1577% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than TTEQ, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
T Rowe Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for T Rowe's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as T Rowe Price, and traders can use it to determine the average amount a T Rowe'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 = 0.0998
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| Cash | TTEQ | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average T Rowe is performing at about 7% 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 T Rowe by adding it to a well-diversified portfolio.