Nushares Etf Trust Etf Performance
| NUDM Etf | USD 31.37 0.04 0.13% |
The etf secures a Beta (Market Risk) of 0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NuShares ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding NuShares ETF is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days NuShares ETF Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy fundamental indicators, NuShares ETF is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.01 |
NuShares |
NuShares ETF Relative Risk vs. Return Landscape
If you would invest 3,312 in NuShares ETF Trust on August 26, 2024 and sell it today you would lose (175.00) from holding NuShares ETF Trust or give up 5.28% of portfolio value over 90 days. NuShares ETF Trust is currently does not generate positive expected returns and assumes 0.8698% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than NuShares, 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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NuShares ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NuShares ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as NuShares ETF Trust, and traders can use it to determine the average amount a NuShares 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 = -0.0917
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| Negative Returns | NUDM |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NuShares ETF 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 NuShares ETF by adding NuShares ETF to a well-diversified portfolio.
NuShares ETF Fundamentals Growth
NuShares Etf prices reflect investors' perceptions of the future prospects and financial health of NuShares ETF, and NuShares ETF 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 NuShares Etf performance.
| Total Asset | 246.6 M | |||
About NuShares ETF Performance
By examining NuShares ETF's fundamental ratios, stakeholders can obtain critical insights into NuShares 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 NuShares 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.
In seeking to track the investment results of the index, the advisor attempts to replicate the index by investing all, or substantially all, of its assets in the securities represented in the index in approximately the same proportions as the index. Nushares ESG is traded on BATS Exchange in the United States.| NuShares ETF Trust generated a negative expected return over the last 90 days | |
| The fund maintains 100.96% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuShares ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of NuShares ETF Trust is measured differently than its book value, which is the value of NuShares that is recorded on the company's balance sheet. Investors also form their own opinion of NuShares ETF's value that differs from its market value or its book value, called intrinsic value, which is NuShares 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 NuShares ETF's market value can be influenced by many factors that don't directly affect NuShares 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 NuShares ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuShares ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuShares 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.