Shp Etf Trust Etf Performance
| CSHI Etf | USD 49.80 0.02 0.04% |
The entity has a beta of 0.0088, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SHP ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding SHP ETF is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in SHP ETF Trust are ranked lower than 32 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong technical indicators, SHP ETF is not utilizing all of its potentials. The newest stock price confusion, may contribute to short-horizon losses for the traders. ...more
1 | Pivots Trading Plans and Risk Controls - Stock Traders Daily | 11/22/2024 |
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SHP ETF Relative Risk vs. Return Landscape
If you would invest 4,911 in SHP ETF Trust on August 26, 2024 and sell it today you would earn a total of 69.00 from holding SHP ETF Trust or generate 1.41% return on investment over 90 days. SHP ETF Trust is currently generating 0.0215% in daily expected returns and assumes 0.0519% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than SHP, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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SHP ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SHP ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SHP ETF Trust, and traders can use it to determine the average amount a SHP ETF'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 = 0.4141
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Based on monthly moving average SHP ETF is performing at about 32% 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 SHP ETF by adding it to a well-diversified portfolio.
SHP ETF Fundamentals Growth
SHP Etf prices reflect investors' perceptions of the future prospects and financial health of SHP ETF, and SHP ETF 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 SHP Etf performance.
| Total Asset | 998.38 K | |||
About SHP ETF Performance
By evaluating SHP ETF's fundamental ratios, stakeholders can gain valuable insights into SHP ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SHP ETF 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 SHP ETF 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 is an actively-managed ETF that seeks to achieve its investment objective by investing in one or more other ETFs that seek to obtain exposure to the performance of U.S. short-term treasury bills, typically less than 90 days in duration, or directly in the securities held by such ETFs and selling and purchasing SP 500 Index put options to generate income to the fund beyond what is received from the Underlying Investments. Neos Enhanced is traded on NYSEARCA Exchange in the United States.| SHP is showing solid risk-adjusted performance over 90 days | |
| Latest headline from news.google.com: Pivots Trading Plans and Risk Controls - Stock Traders Daily | |
| The fund holds most of the assets under management (AUM) in different types of exotic instruments. |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SHP ETF Trust. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of SHP ETF Trust is measured differently than its book value, which is the value of SHP that is recorded on the company's balance sheet. Investors also form their own opinion of SHP ETF's value that differs from its market value or its book value, called intrinsic value, which is SHP ETF'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 SHP ETF's market value can be influenced by many factors that don't directly affect SHP ETF'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 SHP ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if SHP ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SHP ETF'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.