Smi 3fourteen Full Cycle Etf Performance
| FCTE Etf | 27.05 0.11 0.41% |
The entity has a beta of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SMI 3Fourteen's returns are expected to increase less than the market. However, during the bear market, the loss of holding SMI 3Fourteen is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in SMI 3Fourteen Full Cycle are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, SMI 3Fourteen is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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SMI |
SMI 3Fourteen Relative Risk vs. Return Landscape
If you would invest 2,619 in SMI 3Fourteen Full Cycle on September 12, 2024 and sell it today you would earn a total of 75.00 from holding SMI 3Fourteen Full Cycle or generate 2.86% return on investment over 90 days. SMI 3Fourteen Full Cycle is currently generating 0.0476% in daily expected returns and assumes 0.842% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than SMI, 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 |
SMI 3Fourteen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SMI 3Fourteen's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as SMI 3Fourteen Full Cycle, and traders can use it to determine the average amount a SMI 3Fourteen'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 = 0.0566
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average SMI 3Fourteen is performing at about 4% 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 SMI 3Fourteen by adding it to a well-diversified portfolio.
About SMI 3Fourteen Performance
By analyzing SMI 3Fourteen's fundamental ratios, stakeholders can gain valuable insights into SMI 3Fourteen's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SMI 3Fourteen 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 SMI 3Fourteen has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SMI 3Fourteen is entity of United States. It is traded as Etf on NASDAQ exchange.