Etfis Series Trust Etf Performance
| PFFR Etf | USD 19.35 0.04 0.21% |
The etf shows a Beta (market volatility) of 0.22, which means not very significant fluctuations relative to the market. As returns on the market increase, ETFis Series' returns are expected to increase less than the market. However, during the bear market, the loss of holding ETFis Series is expected to be smaller as well.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in ETFis Series Trust are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable technical and fundamental indicators, ETFis Series is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
| In Threey Sharp Ratio | -0.11 |
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ETFis Series Relative Risk vs. Return Landscape
If you would invest 1,863 in ETFis Series Trust on August 29, 2024 and sell it today you would earn a total of 72.00 from holding ETFis Series Trust or generate 3.86% return on investment over 90 days. ETFis Series Trust is currently generating 0.0603% in daily expected returns and assumes 0.464% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% of etfs are less volatile than ETFis, 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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ETFis Series Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETFis Series' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETFis Series Trust, and traders can use it to determine the average amount a ETFis Series' 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 = 0.13
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Estimated Market Risk
| 0.46 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average ETFis Series is performing at about 10% 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 ETFis Series by adding it to a well-diversified portfolio.
ETFis Series Fundamentals Growth
ETFis Etf prices reflect investors' perceptions of the future prospects and financial health of ETFis Series, and ETFis Series 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 ETFis Etf performance.
| Total Asset | 57.02 M | |||
About ETFis Series Performance
Assessing ETFis Series' fundamental ratios provides investors with valuable insights into ETFis Series' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ETFis Series is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund will invest not less than 90 percent of its assets in component securities of the underlying index. Infracap REIT is traded on NYSEARCA Exchange in the United States.| The fund maintains all of the assets in different exotic instruments |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ETFis Series 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 census. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of ETFis Series Trust is measured differently than its book value, which is the value of ETFis that is recorded on the company's balance sheet. Investors also form their own opinion of ETFis Series' value that differs from its market value or its book value, called intrinsic value, which is ETFis Series' 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 ETFis Series' market value can be influenced by many factors that don't directly affect ETFis Series' 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 ETFis Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETFis Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETFis Series' 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.