BetaShares Cloud (Australia) Performance
| CLDD Etf | 14.81 0.09 0.60% |
The etf shows a Beta (market volatility) of 0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BetaShares Cloud's returns are expected to increase less than the market. However, during the bear market, the loss of holding BetaShares Cloud is expected to be smaller as well.
Risk-Adjusted Performance
24 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in BetaShares Cloud Computing are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, BetaShares Cloud unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
BetaShares |
BetaShares Cloud Relative Risk vs. Return Landscape
If you would invest 1,141 in BetaShares Cloud Computing on August 29, 2024 and sell it today you would earn a total of 340.00 from holding BetaShares Cloud Computing or generate 29.8% return on investment over 90 days. BetaShares Cloud Computing is generating 0.4104% of daily returns and assumes 1.3077% volatility on return distribution over the 90 days horizon. Simply put, 11% of etfs are less volatile than BetaShares, and 92% 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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BetaShares Cloud Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BetaShares Cloud's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BetaShares Cloud Computing, and traders can use it to determine the average amount a BetaShares Cloud'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 = 0.3138
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Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average BetaShares Cloud is performing at about 24% 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 BetaShares Cloud by adding it to a well-diversified portfolio.
About BetaShares Cloud Performance
Assessing BetaShares Cloud's fundamental ratios provides investors with valuable insights into BetaShares Cloud's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the BetaShares Cloud 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.
BetaShares Cloud is entity of Australia. It is traded as Etf on AU exchange.