Mkam Etf Performance
| MKAM Etf | 29.80 0.11 0.37% |
The etf owns a Beta (Systematic Risk) of 0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MKAM ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding MKAM ETF is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in MKAM ETF are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, MKAM ETF is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Trading Signals - Stock Traders Daily | 09/26/2024 |
2 | Technical Pivots with Risk Controls - Stock Traders Daily | 11/18/2024 |
MKAM |
MKAM ETF Relative Risk vs. Return Landscape
If you would invest 2,822 in MKAM ETF on September 1, 2024 and sell it today you would earn a total of 158.00 from holding MKAM ETF or generate 5.6% return on investment over 90 days. MKAM ETF is currently generating 0.0858% in daily expected returns and assumes 0.3741% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than MKAM, 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 |
MKAM ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MKAM ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as MKAM ETF, and traders can use it to determine the average amount a MKAM ETF'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 = 0.2295
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MKAM | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average MKAM ETF is performing at about 18% 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 MKAM ETF by adding it to a well-diversified portfolio.
About MKAM ETF Performance
By examining MKAM ETF's fundamental ratios, stakeholders can obtain critical insights into MKAM ETF'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 MKAM ETF 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.
MKAM ETF is entity of United States. It is traded as Etf on NASDAQ exchange.| Latest headline from news.google.com: Technical Pivots with Risk Controls - Stock Traders Daily |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MKAM ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in MKAM Etf, please use our How to Invest in MKAM ETF guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of MKAM ETF is measured differently than its book value, which is the value of MKAM that is recorded on the company's balance sheet. Investors also form their own opinion of MKAM ETF's value that differs from its market value or its book value, called intrinsic value, which is MKAM ETF'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 MKAM ETF's market value can be influenced by many factors that don't directly affect MKAM ETF'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 MKAM ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if MKAM ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MKAM ETF'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.