Etracs Monthly Pay Etf Performance
| MVRL Etf | USD 17.00 0.24 1.43% |
The etf shows a Beta (market volatility) of 0.62, which means possible diversification benefits within a given portfolio. As returns on the market increase, ETRACS Monthly's returns are expected to increase less than the market. However, during the bear market, the loss of holding ETRACS Monthly is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days ETRACS Monthly Pay has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, ETRACS Monthly is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN to Issue Dividend of 0.14 | 11/08/2024 |
| In Threey Sharp Ratio | -0.28 |
ETRACS |
ETRACS Monthly Relative Risk vs. Return Landscape
If you would invest 1,734 in ETRACS Monthly Pay on August 28, 2024 and sell it today you would lose (34.00) from holding ETRACS Monthly Pay or give up 1.96% of portfolio value over 90 days. ETRACS Monthly Pay is currently does not generate positive expected returns and assumes 1.3702% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of etfs are less volatile than ETRACS, 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 |
ETRACS Monthly Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETRACS Monthly's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETRACS Monthly Pay, and traders can use it to determine the average amount a ETRACS Monthly'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 = -0.0158
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| Negative Returns | MVRL |
Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ETRACS Monthly 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 ETRACS Monthly by adding ETRACS Monthly to a well-diversified portfolio.
ETRACS Monthly Fundamentals Growth
ETRACS Etf prices reflect investors' perceptions of the future prospects and financial health of ETRACS Monthly, and ETRACS Monthly 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 ETRACS Etf performance.
| Total Asset | 43.46 M | |||
About ETRACS Monthly Performance
By examining ETRACS Monthly's fundamental ratios, stakeholders can obtain critical insights into ETRACS Monthly'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 ETRACS Monthly 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.
The index is designed to track the overall performance of publicly-traded mortgage REITs that are listed and incorporated in the United States and derive at least 50 percent of their revenues from mortgage-related activity. Etracs Monthly is traded on NYSEARCA Exchange in the United States.| ETRACS Monthly Pay generated a negative expected return over the last 90 days | |
| Latest headline from thelincolnianonline.com: ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN to Issue Dividend of 0.14 | |
| The fund created three year return of -15.0% | |
| ETRACS Monthly Pay 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 ETRACS Monthly Pay. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of ETRACS Monthly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Monthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Monthly'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 ETRACS Monthly's market value can be influenced by many factors that don't directly affect ETRACS Monthly'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 ETRACS Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Monthly'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.