BetaShares Dollar (Australia) Performance
| USD Etf | 15.08 0.06 0.40% |
The etf shows a Beta (market volatility) of -0.092, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BetaShares Dollar are expected to decrease at a much lower rate. During the bear market, BetaShares Dollar is likely to outperform the market.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in BetaShares Dollar ETF are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable fundamental indicators, BetaShares Dollar is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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BetaShares Dollar Relative Risk vs. Return Landscape
If you would invest 1,444 in BetaShares Dollar ETF on September 3, 2024 and sell it today you would earn a total of 64.00 from holding BetaShares Dollar ETF or generate 4.43% return on investment over 90 days. BetaShares Dollar ETF is generating 0.068% of daily returns assuming 0.4998% volatility of returns over the 90 days investment horizon. Simply put, 4% of all etfs have less volatile historical return distribution than BetaShares Dollar, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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BetaShares Dollar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BetaShares Dollar's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BetaShares Dollar ETF, and traders can use it to determine the average amount a BetaShares Dollar'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 = 0.136
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Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average BetaShares Dollar is performing at about 10% 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 BetaShares Dollar by adding it to a well-diversified portfolio.
BetaShares Dollar Fundamentals Growth
BetaShares Etf prices reflect investors' perceptions of the future prospects and financial health of BetaShares Dollar, and BetaShares Dollar 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 BetaShares Etf performance.
About BetaShares Dollar Performance
Assessing BetaShares Dollar's fundamental ratios provides investors with valuable insights into BetaShares Dollar's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the BetaShares Dollar 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.