Overlay Shares Core Etf Performance
| OVB Etf | USD 20.64 0.05 0.24% |
The etf holds a Beta of 0.3, which implies not very significant fluctuations relative to the market. As returns on the market increase, Overlay Shares' returns are expected to increase less than the market. However, during the bear market, the loss of holding Overlay Shares is expected to be smaller as well.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Overlay Shares Core are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Overlay Shares is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Overlay Shares Relative Risk vs. Return Landscape
If you would invest 2,059 in Overlay Shares Core on October 28, 2025 and sell it today you would earn a total of 5.00 from holding Overlay Shares Core or generate 0.24% return on investment over 90 days. Overlay Shares Core is generating 0.0046% of daily returns assuming volatility of 0.3457% on return distribution over 90 days investment horizon. In other words, 3% of etfs are less volatile than Overlay, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
3 y Volatility 8.07 | 200 Day MA 20.4611 | 1 y Volatility 3.61 | 50 Day MA 20.6881 | Inception Date 2019-09-30 |
Overlay Shares Target Price Odds to finish over Current Price
The tendency of Overlay Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 20.64 | 90 days | 20.64 | about 14.2 |
Based on a normal probability distribution, the odds of Overlay Shares to move above the current price in 90 days from now is about 14.2 (This Overlay Shares Core probability density function shows the probability of Overlay Etf to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Overlay Shares has a beta of 0.3. This indicates as returns on the market go up, Overlay Shares average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Overlay Shares Core will be expected to be much smaller as well. Additionally Overlay Shares Core has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Overlay Shares Price Density |
| Price |
Predictive Modules for Overlay Shares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Overlay Shares Core. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Overlay Shares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Overlay Shares Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Overlay Shares is not an exception. The market had few large corrections towards the Overlay Shares' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Overlay Shares Core, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Overlay Shares within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 0.14 | |
Ir | Information ratio | -0.2 |
Overlay Shares Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Overlay Shares for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Overlay Shares Core can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund maintains about 5.75% of its assets in bonds |
Overlay Shares Fundamentals Growth
Overlay Etf prices reflect investors' perceptions of the future prospects and financial health of Overlay Shares, and Overlay Shares 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 Overlay Etf performance.
| Total Asset | 56.61 M | |||
About Overlay Shares Performance
By analyzing Overlay Shares' fundamental ratios, stakeholders can gain valuable insights into Overlay Shares' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Overlay Shares 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 Overlay Shares has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund is an actively-managed exchange-traded fund that seeks to achieve its objective by investing in one or more other ETFs that seek to obtain exposure to the performance of investment grade, U.S. dollar-denominated, fixed-rate taxable bonds or directly in the securities held by such ETFs and selling and purchasing listed short-term put options to generate income to the fund. Overlay Shares is traded on NYSEARCA Exchange in the United States.| The fund maintains about 5.75% of its assets in bonds |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overlay Shares Core. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of Overlay Shares Core is measured differently than its book value, which is the value of Overlay that is recorded on the company's balance sheet. Investors also form their own opinion of Overlay Shares' value that differs from its market value or its book value, called intrinsic value, which is Overlay Shares' 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 Overlay Shares' market value can be influenced by many factors that don't directly affect Overlay Shares' 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 Overlay Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Overlay Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Overlay Shares' 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.