Inspire Faithward Mid Etf Performance
| GLRY Etf | USD 32.64 0.42 1.30% |
The etf retains a Market Volatility (i.e., Beta) of 1.13, which attests to a somewhat significant risk relative to the market. Inspire Faithward returns are very sensitive to returns on the market. As the market goes up or down, Inspire Faithward is expected to follow.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Inspire Faithward Mid are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Inspire Faithward is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Learn to Evaluate using the Charts - Stock Traders Daily | 09/04/2024 |
2 | Investment Analysis and Advice - Stock Traders Daily | 11/12/2024 |
| In Threey Sharp Ratio | -0.01 |
Inspire |
Inspire Faithward Relative Risk vs. Return Landscape
If you would invest 3,107 in Inspire Faithward Mid on August 26, 2024 and sell it today you would earn a total of 157.00 from holding Inspire Faithward Mid or generate 5.05% return on investment over 90 days. Inspire Faithward Mid is currently generating 0.0813% in daily expected returns and assumes 1.0462% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Inspire, 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 |
Inspire Faithward Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inspire Faithward's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Inspire Faithward Mid, and traders can use it to determine the average amount a Inspire Faithward'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 = 0.0777
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | GLRY | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Inspire Faithward is performing at about 6% 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 Inspire Faithward by adding it to a well-diversified portfolio.
Inspire Faithward Fundamentals Growth
Inspire Etf prices reflect investors' perceptions of the future prospects and financial health of Inspire Faithward, and Inspire Faithward 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 Inspire Etf performance.
| Total Asset | 19.32 M | |||
About Inspire Faithward Performance
Evaluating Inspire Faithward's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Inspire Faithward 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 Inspire Faithward 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.
The fund, an actively managed exchange traded fund , invests at least 80 percent of its net assets plus any borrowings for investment purposes in midcap stocks. Northern Lights is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Investment Analysis and Advice - Stock Traders Daily | |
| The fund retains 99.24% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inspire Faithward Mid. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Inspire Faithward Mid is measured differently than its book value, which is the value of Inspire that is recorded on the company's balance sheet. Investors also form their own opinion of Inspire Faithward's value that differs from its market value or its book value, called intrinsic value, which is Inspire Faithward'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 Inspire Faithward's market value can be influenced by many factors that don't directly affect Inspire Faithward'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 Inspire Faithward's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inspire Faithward is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inspire Faithward'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.