T Rex 2x Inverse Etf Performance
| ETQ Etf | 8.78 0.44 5.28% |
The entity has a beta of -4.42, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning T Rex are expected to decrease by larger amounts. On the other hand, during market turmoil, T Rex is expected to outperform it.
Risk-Adjusted Performance
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Over the last 90 days T Rex 2X Inverse has generated negative risk-adjusted returns adding no value to investors with long positions. Even with inconsistent performance in the last few months, the Etf's basic indicators remain relatively invariable which may send shares a bit higher in January 2025. The latest agitation may also be a sign of long-running up-swing for the ETF retail investors. ...more
1 | First Leveraged Ether ETFs Hit US Market - etf.com | 10/29/2024 |
ETQ |
T Rex Relative Risk vs. Return Landscape
If you would invest 2,446 in T Rex 2X Inverse on September 12, 2024 and sell it today you would lose (1,568) from holding T Rex 2X Inverse or give up 64.1% of portfolio value over 90 days. T Rex 2X Inverse is generating negative expected returns assuming volatility of 10.361% on return distribution over 90 days investment horizon. In other words, 92% of etfs are less volatile than ETQ, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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T Rex Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for T Rex's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as T Rex 2X Inverse, and traders can use it to determine the average amount a T Rex'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 = -0.24
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| Negative Returns | ETQ |
Estimated Market Risk
| 10.36 actual daily | 92 92% of assets are less volatile |
Expected Return
| -2.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.24 actual daily | 0 Most of other assets perform better |
Based on monthly moving average T Rex 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 T Rex by adding T Rex to a well-diversified portfolio.
About T Rex Performance
Assessing T Rex's fundamental ratios provides investors with valuable insights into T Rex's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the T Rex 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.
T Rex is entity of United States. It is traded as Etf on BATS exchange.| T Rex 2X generated a negative expected return over the last 90 days | |
| T Rex 2X has high historical volatility and very poor performance |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in T Rex 2X Inverse. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of T Rex 2X is measured differently than its book value, which is the value of ETQ that is recorded on the company's balance sheet. Investors also form their own opinion of T Rex's value that differs from its market value or its book value, called intrinsic value, which is T Rex'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 T Rex's market value can be influenced by many factors that don't directly affect T Rex'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 T Rex's value and its price as these two are different measures arrived at by different means. Investors typically determine if T Rex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T Rex'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.