Etf Series Solutions Etf Performance
| HYKE Etf | 25.86 0.33 1.26% |
The etf shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, ETF Series' returns are expected to increase less than the market. However, during the bear market, the loss of holding ETF Series is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days ETF Series Solutions has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound forward-looking signals, ETF Series is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
ETF |
ETF Series Relative Risk vs. Return Landscape
If you would invest 2,699 in ETF Series Solutions on December 21, 2024 and sell it today you would lose (113.00) from holding ETF Series Solutions or give up 4.19% of portfolio value over 90 days. ETF Series Solutions is currently does not generate positive expected returns and assumes 0.9456% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than ETF, 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 |
ETF Series Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETF Series' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETF Series Solutions, and traders can use it to determine the average amount a ETF Series' 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 = -0.072
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HYKE |
Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ETF Series 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 ETF Series by adding ETF Series to a well-diversified portfolio.
About ETF Series Performance
By analyzing ETF Series' fundamental ratios, stakeholders can gain valuable insights into ETF Series' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ETF Series 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 ETF Series has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| ETF Series Solutions generated a negative expected return over the last 90 days |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ETF Series Solutions. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of ETF Series Solutions is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Series' value that differs from its market value or its book value, called intrinsic value, which is ETF Series' 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 ETF Series' market value can be influenced by many factors that don't directly affect ETF Series' 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 ETF Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Series' 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.