Evolve Global Healthcare Etf Performance
| LIFE-U Etf | USD 20.13 0.01 0.05% |
The etf shows a Beta (market volatility) of 0.0474, which means not very significant fluctuations relative to the market. As returns on the market increase, Evolve Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve Global is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Evolve Global Healthcare has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong technical and fundamental indicators, Evolve Global is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | 3 top ASX ETFs for passive income in 2025 - The Motley Fool Australia | 01/09/2025 |
Evolve |
Evolve Global Relative Risk vs. Return Landscape
If you would invest 2,117 in Evolve Global Healthcare on November 2, 2024 and sell it today you would lose (104.00) from holding Evolve Global Healthcare or give up 4.91% of portfolio value over 90 days. Evolve Global Healthcare is generating negative expected returns and assumes 0.9879% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than Evolve, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Evolve Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Evolve Global Healthcare, and traders can use it to determine the average amount a Evolve Global'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 = -0.0787
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| Negative Returns | LIFE-U |
Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evolve Global 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 Evolve Global by adding Evolve Global to a well-diversified portfolio.
Evolve Global Fundamentals Growth
Evolve Etf prices reflect investors' perceptions of the future prospects and financial health of Evolve Global, and Evolve Global 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 Evolve Etf performance.
About Evolve Global Performance
By analyzing Evolve Global's fundamental ratios, stakeholders can gain valuable insights into Evolve Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Evolve Global 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 Evolve Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
EVOLVE GLBL is traded on Toronto Stock Exchange in Canada.| Evolve Global generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: 3 top ASX ETFs for passive income in 2025 - The Motley Fool Australia | |
| The fund maintains 100.7% of its assets in stocks |
Other Information on Investing in Evolve Etf
Evolve Global financial ratios help investors to determine whether Evolve 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 Evolve with respect to the benefits of owning Evolve Global security.