Trueshares Technology Ai Etf Performance
| LRNZ Etf | USD 42.22 0.60 1.40% |
The entity has a beta of 1.21, which indicates 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, TrueShares Technology will likely underperform.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in TrueShares Technology AI are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, TrueShares Technology showed solid returns over the last few months and may actually be approaching a breakup point. ...more
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| In Threey Sharp Ratio | -0.26 |
TrueShares |
TrueShares Technology Relative Risk vs. Return Landscape
If you would invest 3,710 in TrueShares Technology AI on August 29, 2024 and sell it today you would earn a total of 572.00 from holding TrueShares Technology AI or generate 15.42% return on investment over 90 days. TrueShares Technology AI is currently generating 0.2357% in daily expected returns and assumes 1.526% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of etfs are less volatile than TrueShares, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
TrueShares Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TrueShares Technology's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as TrueShares Technology AI, and traders can use it to determine the average amount a TrueShares Technology'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 = 0.1545
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average TrueShares Technology is performing at about 12% 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 TrueShares Technology by adding it to a well-diversified portfolio.
TrueShares Technology Fundamentals Growth
TrueShares Etf prices reflect investors' perceptions of the future prospects and financial health of TrueShares Technology, and TrueShares Technology 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 TrueShares Etf performance.
| Total Asset | 17.8 M | |||
About TrueShares Technology Performance
Evaluating TrueShares Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if TrueShares Technology 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 TrueShares Technology 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.
Under normal circumstances, at least 80 percent of its net assets in the common stock of technology, artificial intelligence and deep learning companies. Truemark Technology is traded on NYSEARCA Exchange in the United States.| The fund created three year return of -5.0% | |
| TrueShares Technology maintains 94.32% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in TrueShares Technology AI. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of TrueShares Technology is measured differently than its book value, which is the value of TrueShares that is recorded on the company's balance sheet. Investors also form their own opinion of TrueShares Technology's value that differs from its market value or its book value, called intrinsic value, which is TrueShares Technology'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 TrueShares Technology's market value can be influenced by many factors that don't directly affect TrueShares Technology'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 TrueShares Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueShares Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueShares Technology'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.