Fmqq The Next Etf Performance
| FMQQ Etf | USD 13.51 0.05 0.37% |
The etf shows a Beta (market volatility) of 0.56, which means possible diversification benefits within a given portfolio. As returns on the market increase, FMQQ Next's returns are expected to increase less than the market. However, during the bear market, the loss of holding FMQQ Next 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 FMQQ The Next are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, FMQQ Next is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
| In Threey Sharp Ratio | -0.82 |
FMQQ |
FMQQ Next Relative Risk vs. Return Landscape
If you would invest 1,340 in FMQQ The Next on August 26, 2024 and sell it today you would earn a total of 11.00 from holding FMQQ The Next or generate 0.82% return on investment over 90 days. FMQQ The Next is currently generating 0.0166% in daily expected returns and assumes 0.9029% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than FMQQ, 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 |
FMQQ Next Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FMQQ Next's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as FMQQ The Next, and traders can use it to determine the average amount a FMQQ Next'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 = 0.0184
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| Negative Returns | FMQQ |
Estimated Market Risk
| 0.9 actual daily | 8 92% 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 FMQQ Next 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 FMQQ Next by adding it to a well-diversified portfolio.
FMQQ Next Fundamentals Growth
FMQQ Etf prices reflect investors' perceptions of the future prospects and financial health of FMQQ Next, and FMQQ Next 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 FMQQ Etf performance.
| Total Asset | 13.57 M | |||
About FMQQ Next Performance
Assessing FMQQ Next's fundamental ratios provides investors with valuable insights into FMQQ Next's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the FMQQ Next 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.
The fund invests in securities comprising the index or in depositary receipts representing securities of the index. Fmqq Next is traded on NYSEARCA Exchange in the United States.| The fund created three year return of -16.0% | |
| FMQQ The Next retains 99.74% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FMQQ The Next. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of FMQQ The Next is measured differently than its book value, which is the value of FMQQ that is recorded on the company's balance sheet. Investors also form their own opinion of FMQQ Next's value that differs from its market value or its book value, called intrinsic value, which is FMQQ Next'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 FMQQ Next's market value can be influenced by many factors that don't directly affect FMQQ Next'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 FMQQ Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if FMQQ Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FMQQ Next'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.