Ashx Etf Performance

The etf shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and ASHX are completely uncorrelated.

Risk-Adjusted Performance

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Over the last 90 days ASHX has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong technical indicators, ASHX is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
In Threey Sharp Ratio-0.71
  

ASHX Relative Risk vs. Return Landscape

If you would invest (100.00) in ASHX on November 30, 2024 and sell it today you would earn a total of  100.00  from holding ASHX or generate -100.0% return on investment over 90 days. ASHX 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 ASHX, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
JavaScript chart by amCharts 3.21.15CashMarketASHX 0.00.10.20.30.40.50.60.70.8 -0.06-0.05-0.04-0.03-0.02-0.010.000.01
       Risk  

ASHX Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for ASHX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ASHX, and traders can use it to determine the average amount a ASHX'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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ASHX
Based on monthly moving average ASHX 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 ASHX by adding ASHX to a well-diversified portfolio.

ASHX Fundamentals Growth

ASHX Etf prices reflect investors' perceptions of the future prospects and financial health of ASHX, and ASHX 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 ASHX Etf performance.
ASHX is not yet fully synchronised with the market data
ASHX has some characteristics of a very speculative penny stock
ASHX created five year return of 0.0%
This fund holds 99.68% of its assets under management (AUM) in equities
Check out Trending Equities 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 rate.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Other Tools for ASHX Etf

When running ASHX's price analysis, check to measure ASHX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASHX is operating at the current time. Most of ASHX's value examination focuses on studying past and present price action to predict the probability of ASHX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASHX's price. Additionally, you may evaluate how the addition of ASHX to your portfolios can decrease your overall portfolio volatility.
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