Trueshares Technology Ai Etf Performance
| LRNZ Etf | USD 30.46 2.14 6.56% |
The entity has a beta of 0.0629, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TrueShares Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding TrueShares Technology is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days TrueShares Technology AI has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Etf's basic indicators remain fairly strong which may send shares a bit higher in May 2025. The current disturbance may also be a sign of long term up-swing for the ETF investors. ...more
| In Threey Sharp Ratio | -0.10 |
TrueShares |
TrueShares Technology Relative Risk vs. Return Landscape
If you would invest 3,991 in TrueShares Technology AI on January 7, 2025 and sell it today you would lose (945.00) from holding TrueShares Technology AI or give up 23.68% of portfolio value over 90 days. TrueShares Technology AI is currently does not generate positive expected returns and assumes 2.5272% risk (volatility on return distribution) over the 90 days horizon. In different words, 22% of etfs are less volatile than TrueShares, 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 |
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 = -0.1595
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LRNZ |
Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TrueShares Technology 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 TrueShares Technology by adding TrueShares Technology 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.| TrueShares Technology generated a negative expected return over the last 90 days | |
| The fund created three year return of -9.0% | |
| 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.