MTrack Energy (Thailand) Performance
| ENGY Etf | THB 4.84 0.05 1.04% |
The etf secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MTrack Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding MTrack Energy is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in MTrack Energy ETF are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent forward-looking signals, MTrack Energy is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Fifty Two Week Low | 5.69 | |
| Fifty Two Week High | 8.48 |
MTrack |
MTrack Energy Relative Risk vs. Return Landscape
If you would invest 471.00 in MTrack Energy ETF on August 25, 2024 and sell it today you would earn a total of 13.00 from holding MTrack Energy ETF or generate 2.76% return on investment over 90 days. MTrack Energy ETF is generating 0.0475% of daily returns and assumes 1.0028% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than MTrack, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MTrack Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MTrack Energy's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as MTrack Energy ETF, and traders can use it to determine the average amount a MTrack Energy'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 = 0.0473
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ENGY |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average MTrack Energy is performing at about 3% 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 MTrack Energy by adding it to a well-diversified portfolio.
MTrack Energy Fundamentals Growth
MTrack Etf prices reflect investors' perceptions of the future prospects and financial health of MTrack Energy, and MTrack Energy 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 MTrack Etf performance.
| Total Asset | 91.52 M | |||
About MTrack Energy Performance
By examining MTrack Energy's fundamental ratios, stakeholders can obtain critical insights into MTrack Energy'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 MTrack Energy 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 investment seeks to track the price and yield performance, before fees and expense, of the SET Energy and Utility Sector index. MTrack Energy is traded on Stock Exchange of Thailand in Thailand.| The fund retains 96.35% of its assets under management (AUM) in equities |
Other Information on Investing in MTrack Etf
MTrack Energy financial ratios help investors to determine whether MTrack 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 MTrack with respect to the benefits of owning MTrack Energy security.