Rex Fang Innovation Etf Performance
| FEPI Etf | 49.32 0.73 1.46% |
The etf holds a Beta of 0.0431, which implies not very significant fluctuations relative to the market. As returns on the market increase, REX FANG's returns are expected to increase less than the market. However, during the bear market, the loss of holding REX FANG is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in REX FANG Innovation are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong basic indicators, REX FANG is not utilizing all of its potentials. The recent stock price confusion, may contribute to short-horizon losses for the traders. ...more
1 | FEPI Ignoring This Fund And Its 25 percent Yield Was A Mistake - Seeking Alpha | 12/18/2024 |
REX |
REX FANG Relative Risk vs. Return Landscape
If you would invest 4,893 in REX FANG Innovation on October 21, 2024 and sell it today you would earn a total of 39.00 from holding REX FANG Innovation or generate 0.8% return on investment over 90 days. REX FANG Innovation is currently generating 0.0182% in daily expected returns and assumes 1.0445% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than REX, and 99% 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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REX FANG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for REX FANG's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as REX FANG Innovation, and traders can use it to determine the average amount a REX 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 = 0.0174
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Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average REX FANG is performing at about 1% 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 REX FANG by adding it to a well-diversified portfolio.
About REX FANG Performance
By evaluating REX FANG's fundamental ratios, stakeholders can gain valuable insights into REX FANG's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if REX FANG 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 REX FANG 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.