ERShares Entrepreneurs ETF Performance
| ENTRDelisted Etf | USD 15.47 0.05 0.32% |
The etf shows a Beta (market volatility) of 0.56, which means possible diversification benefits within a given portfolio. As returns on the market increase, ERShares Entrepreneurs' returns are expected to increase less than the market. However, during the bear market, the loss of holding ERShares Entrepreneurs is expected to be smaller as well.
Risk-Adjusted Performance
45 of 100
Weak | Strong |
Excellent
Compared to the overall equity markets, risk-adjusted returns on investments in ERShares Entrepreneurs ETF are ranked lower than 45 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, ERShares Entrepreneurs is not utilizing all of its potentials. The recent stock price agitation, may contribute to short-term losses for the retail investors. ...more
| In Threey Sharp Ratio | -0.09 |
ERShares |
ERShares Entrepreneurs Relative Risk vs. Return Landscape
If you would invest 1,545 in ERShares Entrepreneurs ETF on August 26, 2024 and sell it today you would earn a total of 2.00 from holding ERShares Entrepreneurs ETF or generate 0.13% return on investment over 90 days. ERShares Entrepreneurs ETF is currently generating 0.0431% in daily expected returns and assumes 0.0747% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than ERShares, 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 |
ERShares Entrepreneurs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ERShares Entrepreneurs' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ERShares Entrepreneurs ETF, and traders can use it to determine the average amount a ERShares Entrepreneurs' 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 = 0.5774
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Based on monthly moving average ERShares Entrepreneurs is performing at about 45% 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 ERShares Entrepreneurs by adding it to a well-diversified portfolio.
ERShares Entrepreneurs Fundamentals Growth
ERShares Etf prices reflect investors' perceptions of the future prospects and financial health of ERShares Entrepreneurs, and ERShares Entrepreneurs 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 ERShares Etf performance.
| Return On Asset | -0.4 | |||
| Profit Margin | (0.51) % | |||
| Operating Margin | (0.40) % | |||
| Current Valuation | 217.53 M | |||
| Shares Outstanding | 89.78 M | |||
| Price To Earning | 306.00 X | |||
| Price To Book | 1.58 X | |||
| Price To Sales | 1.49 X | |||
| Revenue | 191.62 M | |||
| Cash And Equivalents | 17.31 M | |||
| Cash Per Share | 1.18 X | |||
| Total Debt | 8.79 M | |||
| Debt To Equity | 0.20 % | |||
| Cash Flow From Operations | (24.86 M) | |||
| Earnings Per Share | (1.00) X | |||
| Total Asset | 29.04 M | |||
| Retained Earnings | (329.91 M) | |||
| Current Asset | 142.24 M | |||
| Current Liabilities | 26.47 M | |||
About ERShares Entrepreneurs Performance
Assessing ERShares Entrepreneurs' fundamental ratios provides investors with valuable insights into ERShares Entrepreneurs' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ERShares Entrepreneurs 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.
The fund invests primarily in equity securities of mid and large capitalization companies traded on the NASDAQ, the New York Stock Exchange or other major U.S. exchanges. Entrepreneur is traded on NYSEARCA Exchange in the United States.| ERShares Entrepreneurs is now traded under the symbol XOVR. Please update your portfolios or report it if you believe this is an error. Report It! | |
| ERShares Entrepreneurs is not yet fully synchronised with the market data | |
| ERShares Entrepreneurs has a very high chance of going through financial distress in the upcoming years | |
| ERShares is showing solid risk-adjusted performance over 90 days | |
| The company reported the previous year's revenue of 191.62 M. Net Loss for the year was (98.12 M) with profit before overhead, payroll, taxes, and interest of 93.25 M. | |
| The fund created three year return of -3.0% | |
| Roughly 71.0% of the company shares are held by institutions such as insurance companies | |
| ERShares Entrepreneurs retains 90.77% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in ERShares Etf
If you are still planning to invest in ERShares Entrepreneurs check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ERShares Entrepreneurs' history and understand the potential risks before investing.
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