Breakwave Dry Bulk Etf Performance
| BDRY Etf | USD 5.80 0.19 3.17% |
The etf shows a Beta (market volatility) of -1.25, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Breakwave Dry are expected to decrease by larger amounts. On the other hand, during market turmoil, Breakwave Dry is expected to outperform it.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Breakwave Dry Bulk has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Etf's basic indicators remain fairly strong which may send shares a bit higher in March 2025. The current disturbance may also be a sign of long term up-swing for the ETF investors. ...more
| In Threey Sharp Ratio | -0.29 |
Breakwave |
Breakwave Dry Relative Risk vs. Return Landscape
If you would invest 846.00 in Breakwave Dry Bulk on November 9, 2024 and sell it today you would lose (266.00) from holding Breakwave Dry Bulk or give up 31.44% of portfolio value over 90 days. Breakwave Dry Bulk is currently does not generate positive expected returns and assumes 4.5668% risk (volatility on return distribution) over the 90 days horizon. In different words, 40% of etfs are less volatile than Breakwave, 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 |
Breakwave Dry Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Breakwave Dry's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Breakwave Dry Bulk, and traders can use it to determine the average amount a Breakwave Dry'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 = -0.1178
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BDRY |
Estimated Market Risk
| 4.57 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Breakwave Dry 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 Breakwave Dry by adding Breakwave Dry to a well-diversified portfolio.
Breakwave Dry Fundamentals Growth
Breakwave Etf prices reflect investors' perceptions of the future prospects and financial health of Breakwave Dry, and Breakwave Dry 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 Breakwave Etf performance.
| Total Asset | 36.03 M | |||
About Breakwave Dry Performance
Evaluating Breakwave Dry's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Breakwave Dry 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 Breakwave Dry 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 fund seeks to achieve its investment objective by investing substantially all of its assets in the Freight Futures currently constituting the Benchmark Portfolio. Breakwave Dry is traded on NYSEARCA Exchange in the United States.| Breakwave Dry Bulk generated a negative expected return over the last 90 days | |
| Breakwave Dry Bulk has high historical volatility and very poor performance | |
| Breakwave Dry Bulk created five year return of -9.0% | |
| This fund holds 94.25% 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 Breakwave Dry Bulk. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Breakwave Dry Bulk is measured differently than its book value, which is the value of Breakwave that is recorded on the company's balance sheet. Investors also form their own opinion of Breakwave Dry's value that differs from its market value or its book value, called intrinsic value, which is Breakwave Dry'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 Breakwave Dry's market value can be influenced by many factors that don't directly affect Breakwave Dry'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 Breakwave Dry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Breakwave Dry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Breakwave Dry'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.