Ubs Etracs Etf Performance
| WTID Etf | USD 15.15 0.17 1.11% |
The entity has a beta of -2.24, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning UBS ETRACS are expected to decrease by larger amounts. On the other hand, during market turmoil, UBS ETRACS is expected to outperform it.
Risk-Adjusted Performance
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Over the last 90 days UBS ETRACS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound forward indicators, UBS ETRACS is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | MicroSectors Energy -3X Inverse Leveraged ETN Shares Gap Down Time to Sell | 11/04/2024 |
| In Threey Sharp Ratio | 0.05 |
UBS |
UBS ETRACS Relative Risk vs. Return Landscape
If you would invest 1,651 in UBS ETRACS on August 25, 2024 and sell it today you would lose (136.00) from holding UBS ETRACS or give up 8.24% of portfolio value over 90 days. UBS ETRACS is currently does not generate positive expected returns and assumes 3.8451% risk (volatility on return distribution) over the 90 days horizon. In different words, 34% of etfs are less volatile than UBS, 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 |
UBS ETRACS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for UBS ETRACS's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as UBS ETRACS , and traders can use it to determine the average amount a UBS ETRACS'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 = -0.0155
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| Negative Returns | WTID |
Estimated Market Risk
| 3.85 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average UBS ETRACS 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 UBS ETRACS by adding UBS ETRACS to a well-diversified portfolio.
UBS ETRACS Fundamentals Growth
UBS Etf prices reflect investors' perceptions of the future prospects and financial health of UBS ETRACS, and UBS ETRACS 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 UBS Etf performance.
| Total Asset | 7.98 M | |||
About UBS ETRACS Performance
By analyzing UBS ETRACS's fundamental ratios, stakeholders can gain valuable insights into UBS ETRACS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if UBS ETRACS 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 UBS ETRACS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The investment seeks to provide a three times leveraged inverse exposure to changes in the level of the Bloomberg WTI Crude Oil Subindex ERSM. UBS ETRACS is traded on PCX Exchange in the United States.| UBS ETRACS generated a negative expected return over the last 90 days | |
| UBS ETRACS has high historical volatility and very poor performance | |
| Latest headline from thelincolnianonline.com: MicroSectors Energy -3X Inverse Leveraged ETN Shares Gap Down Time to Sell | |
| The fund created three year return of -25.0% | |
| UBS ETRACS keeps all of the net assets in exotic instruments |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UBS ETRACS . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of UBS ETRACS is measured differently than its book value, which is the value of UBS that is recorded on the company's balance sheet. Investors also form their own opinion of UBS ETRACS's value that differs from its market value or its book value, called intrinsic value, which is UBS ETRACS'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 UBS ETRACS's market value can be influenced by many factors that don't directly affect UBS ETRACS'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 UBS ETRACS's value and its price as these two are different measures arrived at by different means. Investors typically determine if UBS ETRACS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UBS ETRACS'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.