Mairs Power Minnesota Etf Performance
MINN Etf | USD 22.23 0.01 0.04% |
The etf secures a Beta (Market Risk) of -0.0394, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mairs Power are expected to decrease at a much lower rate. During the bear market, Mairs Power is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Mairs Power Minnesota has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Mairs Power is not utilizing all of its potentials. The newest stock price disarray, may contribute to short-term losses for the investors. ...more
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In Threey Sharp Ratio | -0.61 |
Mairs |
Mairs Power Relative Risk vs. Return Landscape
If you would invest 2,226 in Mairs Power Minnesota on August 28, 2024 and sell it today you would lose (3.00) from holding Mairs Power Minnesota or give up 0.13% of portfolio value over 90 days. Mairs Power Minnesota is currently does not generate positive expected returns and assumes 0.2524% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than Mairs, 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 |
Mairs Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mairs Power's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Mairs Power Minnesota, and traders can use it to determine the average amount a Mairs Power'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 = -0.0072
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Estimated Market Risk
0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mairs Power 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 Mairs Power by adding Mairs Power to a well-diversified portfolio.
Mairs Power Fundamentals Growth
Mairs Etf prices reflect investors' perceptions of the future prospects and financial health of Mairs Power, and Mairs Power 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 Mairs Etf performance.
Total Asset | 16.43 M | |||
About Mairs Power Performance
By examining Mairs Power's fundamental ratios, stakeholders can obtain critical insights into Mairs Power's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Mairs Power is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in municipal debt securities that pay interest that is exempt from regular federal income tax and Minnesota state income tax . Trust For is traded on BATS Exchange in the United States.Mairs Power generated a negative expected return over the last 90 days | |
The fund created three year return of -2.0% | |
Mairs Power Minnesota maintains all of the assets in different exotic instruments |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mairs Power Minnesota. 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Mairs Power Minnesota is measured differently than its book value, which is the value of Mairs that is recorded on the company's balance sheet. Investors also form their own opinion of Mairs Power's value that differs from its market value or its book value, called intrinsic value, which is Mairs Power'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 Mairs Power's market value can be influenced by many factors that don't directly affect Mairs Power'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 Mairs Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mairs Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mairs Power'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.