ETFS FANG (Australia) Performance
| FANG Etf | 33.89 0.13 0.39% |
The etf shows a Beta (market volatility) of 0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, ETFS FANG's returns are expected to increase less than the market. However, during the bear market, the loss of holding ETFS FANG is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in ETFS FANG ETF are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, ETFS FANG unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Up 40 percent in 2024, why Id still buy the Global X Fang ETF - The Motley Fool Australia | 11/25/2024 |
2 | With 88 percent return, mutual fund scheme of the year 2024 crown goes to Mirae Asset NYSE FANGETF FoF - MSN | 12/27/2024 |
ETFS |
ETFS FANG Relative Risk vs. Return Landscape
If you would invest 2,802 in ETFS FANG ETF on October 26, 2024 and sell it today you would earn a total of 587.00 from holding ETFS FANG ETF or generate 20.95% return on investment over 90 days. ETFS FANG ETF is generating 0.3215% of daily returns and assumes 1.3739% volatility on return distribution over the 90 days horizon. Simply put, 12% of etfs are less volatile than ETFS, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ETFS FANG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETFS FANG's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETFS FANG ETF, and traders can use it to determine the average amount a ETFS FANG'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 = 0.234
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FANG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average ETFS FANG is performing at about 18% 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 ETFS FANG by adding it to a well-diversified portfolio.
About ETFS FANG Performance
Assessing ETFS FANG's fundamental ratios provides investors with valuable insights into ETFS FANG's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ETFS FANG 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.
ETFS FANG is entity of Australia. It is traded as Etf on AU exchange.| Latest headline from news.google.com: With 88 percent return, mutual fund scheme of the year 2024 crown goes to Mirae Asset NYSE FANGETF FoF - MSN |
Other Information on Investing in ETFS Etf
ETFS FANG financial ratios help investors to determine whether ETFS 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 ETFS with respect to the benefits of owning ETFS FANG security.