Egshares Blue Chip Etf Performance
| BCHP Etf | USD 34.65 0.29 0.84% |
The etf shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, EGSHARES BLUE's returns are expected to increase less than the market. However, during the bear market, the loss of holding EGSHARES BLUE is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in EGSHARES BLUE CHIP are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Even with relatively fragile technical indicators, EGSHARES BLUE may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
EGSHARES |
EGSHARES BLUE Relative Risk vs. Return Landscape
If you would invest 3,205 in EGSHARES BLUE CHIP on August 29, 2024 and sell it today you would earn a total of 260.00 from holding EGSHARES BLUE CHIP or generate 8.11% return on investment over 90 days. EGSHARES BLUE CHIP is currently generating 0.1254% in daily expected returns and assumes 0.8357% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than EGSHARES, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
EGSHARES BLUE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EGSHARES BLUE's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as EGSHARES BLUE CHIP, and traders can use it to determine the average amount a EGSHARES BLUE'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 = 0.1501
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average EGSHARES BLUE 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 EGSHARES BLUE by adding it to a well-diversified portfolio.
EGSHARES BLUE Fundamentals Growth
EGSHARES Etf prices reflect investors' perceptions of the future prospects and financial health of EGSHARES BLUE, and EGSHARES BLUE 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 EGSHARES Etf performance.
| Price To Earning | 12.93 X | |||
| Price To Book | 2.35 X | |||
| Price To Sales | 1.25 X | |||
About EGSHARES BLUE Performance
Assessing EGSHARES BLUE's fundamental ratios provides investors with valuable insights into EGSHARES BLUE's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the EGSHARES BLUE 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.
| The fund yields 0.0% to date and shows negative annual yield of 1.0% | |
| EGSHARES BLUE CHIP holds 99.73% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in EGSHARES BLUE CHIP. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of EGSHARES BLUE CHIP is measured differently than its book value, which is the value of EGSHARES that is recorded on the company's balance sheet. Investors also form their own opinion of EGSHARES BLUE's value that differs from its market value or its book value, called intrinsic value, which is EGSHARES BLUE'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 EGSHARES BLUE's market value can be influenced by many factors that don't directly affect EGSHARES BLUE'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 EGSHARES BLUE's value and its price as these two are different measures arrived at by different means. Investors typically determine if EGSHARES BLUE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EGSHARES BLUE'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.