ETFS Ultra (Australia) Performance
| LNAS Etf | 10.55 0.07 0.67% |
The etf shows a Beta (market volatility) of 1.57, which means 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, ETFS Ultra will likely underperform.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in ETFS Ultra Long are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, ETFS Ultra may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
ETFS |
ETFS Ultra Relative Risk vs. Return Landscape
If you would invest 943.00 in ETFS Ultra Long on September 1, 2024 and sell it today you would earn a total of 112.00 from holding ETFS Ultra Long or generate 11.88% return on investment over 90 days. ETFS Ultra Long is generating 0.1993% of daily returns and assumes 2.4263% volatility on return distribution over the 90 days horizon. Simply put, 21% of etfs are less volatile than ETFS, and 97% 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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ETFS Ultra Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETFS Ultra's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETFS Ultra Long, and traders can use it to determine the average amount a ETFS Ultra'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 = 0.0821
| Best Portfolio | Best Equity | |||
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| Small Returns | LNAS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average ETFS Ultra 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 ETFS Ultra by adding it to a well-diversified portfolio.
About ETFS Ultra Performance
Assessing ETFS Ultra's fundamental ratios provides investors with valuable insights into ETFS Ultra's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ETFS Ultra 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.
ETFS Ultra is entity of Australia. It is traded as Etf on AU exchange.