Cambria Micro And Etf Performance
| MYLD Etf | 26.64 0.10 0.38% |
The etf shows a Beta (market volatility) of 0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cambria Micro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cambria Micro is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Cambria Micro And are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound essential indicators, Cambria Micro is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Investment Analysis - Stock Traders Daily | 11/18/2024 |
2 | When Moves Investors should Listen - Stock Traders Daily | 01/10/2025 |
Cambria |
Cambria Micro Relative Risk vs. Return Landscape
If you would invest 2,617 in Cambria Micro And on October 26, 2024 and sell it today you would earn a total of 47.00 from holding Cambria Micro And or generate 1.8% return on investment over 90 days. Cambria Micro And is currently generating 0.0382% in daily expected returns and assumes 1.29% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than Cambria, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Cambria Micro Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cambria Micro's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Cambria Micro And, and traders can use it to determine the average amount a Cambria Micro'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 = 0.0297
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| Negative Returns | MYLD |
Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Cambria Micro is performing at about 2% 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 Cambria Micro by adding it to a well-diversified portfolio.
About Cambria Micro Performance
By analyzing Cambria Micro's fundamental ratios, stakeholders can gain valuable insights into Cambria Micro's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cambria Micro 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 Cambria Micro has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cambria Micro is entity of United States. It is traded as Etf on BATS exchange.| Latest headline from news.google.com: When Moves Investors should Listen - Stock Traders Daily |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Cambria Micro And. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Cambria Micro And is measured differently than its book value, which is the value of Cambria that is recorded on the company's balance sheet. Investors also form their own opinion of Cambria Micro's value that differs from its market value or its book value, called intrinsic value, which is Cambria Micro'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 Cambria Micro's market value can be influenced by many factors that don't directly affect Cambria Micro'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 Cambria Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cambria Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cambria Micro'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.