Kovitz Core Equity Etf Performance
| EQTY Etf | 24.47 0.12 0.49% |
The etf secures a Beta (Market Risk) of 0.85, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kovitz Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kovitz Core is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Kovitz Core Equity are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of fairly inconsistent basic indicators, Kovitz Core may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | On The My Stocks Page - Stock Traders Daily | 11/22/2024 |
| In Threey Sharp Ratio | 0.16 |
Kovitz |
Kovitz Core Relative Risk vs. Return Landscape
If you would invest 2,238 in Kovitz Core Equity on September 1, 2024 and sell it today you would earn a total of 209.00 from holding Kovitz Core Equity or generate 9.34% return on investment over 90 days. Kovitz Core Equity is currently generating 0.1421% in daily expected returns and assumes 0.7138% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Kovitz, and 98% 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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Kovitz Core Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kovitz Core's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Kovitz Core Equity, and traders can use it to determine the average amount a Kovitz Core'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 = 0.1991
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Kovitz Core is performing at about 15% 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 Kovitz Core by adding it to a well-diversified portfolio.
Kovitz Core Fundamentals Growth
Kovitz Etf prices reflect investors' perceptions of the future prospects and financial health of Kovitz Core, and Kovitz Core 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 Kovitz Etf performance.
About Kovitz Core Performance
Evaluating Kovitz Core's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Kovitz Core 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 Kovitz Core 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.
Kovitz Core is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from news.google.com: On The My Stocks Page - Stock Traders Daily |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Kovitz Core Equity. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of Kovitz Core Equity is measured differently than its book value, which is the value of Kovitz that is recorded on the company's balance sheet. Investors also form their own opinion of Kovitz Core's value that differs from its market value or its book value, called intrinsic value, which is Kovitz Core'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 Kovitz Core's market value can be influenced by many factors that don't directly affect Kovitz Core'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 Kovitz Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kovitz Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kovitz Core'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.