Microsectors Fang Index Etf Performance
| FNGO Etf | USD 69.89 1.65 2.42% |
The etf secures a Beta (Market Risk) of 2.69, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MicroSectors FANG will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days MicroSectors FANG Index has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Etf's technical and fundamental indicators remain very healthy which may send shares a bit higher in May 2025. The recent disarray may also be a sign of long period up-swing for the ETF investors. ...more
1 | MicroSectors FANG Index 2X Leveraged ETN Trading 4.8 percent Higher Still a Buy | 03/13/2025 |
| In Threey Sharp Ratio | 0.59 |
MicroSectors |
MicroSectors FANG Relative Risk vs. Return Landscape
If you would invest 9,242 in MicroSectors FANG Index on January 2, 2025 and sell it today you would lose (2,253) from holding MicroSectors FANG Index or give up 24.38% of portfolio value over 90 days. MicroSectors FANG Index is currently does not generate positive expected returns and assumes 3.9007% risk (volatility on return distribution) over the 90 days horizon. In different words, 34% of etfs are less volatile than MicroSectors, 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 |
MicroSectors FANG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MicroSectors FANG's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as MicroSectors FANG Index, and traders can use it to determine the average amount a MicroSectors 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 = -0.0977
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FNGO |
Estimated Market Risk
| 3.9 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MicroSectors FANG 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 MicroSectors FANG by adding MicroSectors FANG to a well-diversified portfolio.
MicroSectors FANG Fundamentals Growth
MicroSectors Etf prices reflect investors' perceptions of the future prospects and financial health of MicroSectors FANG, and MicroSectors FANG 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 MicroSectors Etf performance.
| Total Asset | 80.58 M | |||
About MicroSectors FANG Performance
By examining MicroSectors FANG's fundamental ratios, stakeholders can obtain critical insights into MicroSectors FANG's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that MicroSectors FANG is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. Microsectors Fang is traded on NYSEARCA Exchange in the United States.| MicroSectors FANG generated a negative expected return over the last 90 days | |
| MicroSectors FANG has high historical volatility and very poor performance | |
| Latest headline from thelincolnianonline.com: MicroSectors FANG Index 2X Leveraged ETN Trading 4.8 percent Higher Still a Buy | |
| The fund retains all of its assets under management (AUM) in equities |
Other Information on Investing in MicroSectors Etf
MicroSectors FANG financial ratios help investors to determine whether MicroSectors 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 MicroSectors with respect to the benefits of owning MicroSectors FANG security.