Wkly Etf Performance
| WKLY Etf | USD 48.32 0.01 0.02% |
The entity maintains a market beta of -0.0196, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning WKLY are expected to decrease at a much lower rate. During the bear market, WKLY is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days WKLY has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong essential indicators, WKLY is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
WKLY |
WKLY Relative Risk vs. Return Landscape
If you would invest 4,832 in WKLY on September 1, 2024 and sell it today you would earn a total of 0.00 from holding WKLY or generate 0.0% return on investment over 90 days. WKLY 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 WKLY, 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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WKLY Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WKLY's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as WKLY, and traders can use it to determine the average amount a WKLY'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 WKLY 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 WKLY by adding WKLY to a well-diversified portfolio.
WKLY Fundamentals Growth
WKLY Etf prices reflect investors' perceptions of the future prospects and financial health of WKLY, and WKLY 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 WKLY Etf performance.
| Total Asset | 8.15 M | |||
About WKLY Performance
Evaluating WKLY's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if WKLY 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 WKLY has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The index follows a rules-based methodology that tracks the performance of the equity securities of publicly-traded, large- and mid-capitalization U.S. and non-U.S. companies in developed markets that are selected based on a set of dividend filters focused on dividend sustainability. Sofi Weekly is traded on NYSEARCA Exchange in the United States.| WKLY is not yet fully synchronised with the market data | |
| The fund keeps 99.2% of its net assets in stocks |
Check out Your Current Watchlist 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 bureau of economic analysis. 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 WKLY is measured differently than its book value, which is the value of WKLY that is recorded on the company's balance sheet. Investors also form their own opinion of WKLY's value that differs from its market value or its book value, called intrinsic value, which is WKLY'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 WKLY's market value can be influenced by many factors that don't directly affect WKLY'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 WKLY's value and its price as these two are different measures arrived at by different means. Investors typically determine if WKLY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WKLY'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.