ETFS Battery (Australia) Performance
| ACDC Etf | 90.37 0.31 0.34% |
The etf shows a Beta (market volatility) of -0.0934, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ETFS Battery are expected to decrease at a much lower rate. During the bear market, ETFS Battery is likely to outperform the market.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in ETFS Battery Tech are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, ETFS Battery may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
ETFS |
ETFS Battery Relative Risk vs. Return Landscape
If you would invest 8,257 in ETFS Battery Tech on November 5, 2024 and sell it today you would earn a total of 780.00 from holding ETFS Battery Tech or generate 9.45% return on investment over 90 days. ETFS Battery Tech is generating 0.1539% of daily returns and assumes 1.0878% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than ETFS, and 97% 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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ETFS Battery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETFS Battery's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETFS Battery Tech, and traders can use it to determine the average amount a ETFS Battery'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 = 0.1415
| Best Portfolio | Best Equity | |||
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| Small Returns | ACDC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average ETFS Battery is performing at about 11% 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 ETFS Battery by adding it to a well-diversified portfolio.
ETFS Battery Fundamentals Growth
ETFS Etf prices reflect investors' perceptions of the future prospects and financial health of ETFS Battery, and ETFS Battery 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 ETFS Etf performance.
About ETFS Battery Performance
Assessing ETFS Battery's fundamental ratios provides investors with valuable insights into ETFS Battery's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ETFS Battery 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.