Evolve Innovation Index Etf Performance

EDGE Etf  CAD 44.11  0.54  1.24%   
The etf shows a Beta (market volatility) of 0.65, which means possible diversification benefits within a given portfolio. As returns on the market increase, Evolve Innovation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve Innovation is expected to be smaller as well.

Risk-Adjusted Performance

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Over the last 90 days Evolve Innovation Index has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Evolve Innovation is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
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Evolve Innovation Relative Risk vs. Return Landscape

If you would invest  4,694  in Evolve Innovation Index on October 8, 2025 and sell it today you would lose (283.00) from holding Evolve Innovation Index or give up 6.03% of portfolio value over 90 days. Evolve Innovation Index is generating negative expected returns and assumes 1.0284% volatility on return distribution over the 90 days horizon. Simply put, 9% of etfs are less volatile than Evolve, and 99% 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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Assuming the 90 days trading horizon Evolve Innovation is expected to under-perform the market. In addition to that, the company is 1.37 times more volatile than its market benchmark. It trades about -0.1 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.11 per unit of volatility.

Evolve Innovation Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve Innovation's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve Innovation Index, and traders can use it to determine the average amount a Evolve Innovation'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 = -0.0957

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Estimated Market Risk

 1.03
  actual daily
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91% of assets are more volatile

Expected Return

 -0.1
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Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
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Most of other assets perform better
Based on monthly moving average Evolve Innovation 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 Evolve Innovation by adding Evolve Innovation to a well-diversified portfolio.

Evolve Innovation Fundamentals Growth

Evolve Etf prices reflect investors' perceptions of the future prospects and financial health of Evolve Innovation, and Evolve Innovation 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 Evolve Etf performance.

About Evolve Innovation Performance

By examining Evolve Innovation's fundamental ratios, stakeholders can obtain critical insights into Evolve Innovation's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Evolve Innovation is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The Evolve ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Global Innovation Index, or any successor thereto . EVOLVE INNOVATION is traded on Toronto Stock Exchange in Canada.
Evolve Innovation generated a negative expected return over the last 90 days
Latest headline from news.google.com: Investors Edge Back Into Bitcoin Via Income-Focused MAXI ETF Despite 3-Month Slump - TipRanks

Other Information on Investing in Evolve Etf

Evolve Innovation financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve Innovation security.