Hcm Defender 100 Etf Performance
| QQH Etf | USD 65.42 0.14 0.21% |
The entity retains a Market Volatility (i.e., Beta) of 1.11, which attests to a somewhat significant risk relative to the market. HCM Defender returns are very sensitive to returns on the market. As the market goes up or down, HCM Defender is expected to follow.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in HCM Defender 100 are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite fairly inconsistent basic indicators, HCM Defender may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Trading Signals - Stock Traders Daily | 11/14/2024 |
| In Threey Sharp Ratio | 0.15 |
HCM |
HCM Defender Relative Risk vs. Return Landscape
If you would invest 5,994 in HCM Defender 100 on August 26, 2024 and sell it today you would earn a total of 548.00 from holding HCM Defender 100 or generate 9.14% return on investment over 90 days. HCM Defender 100 is generating 0.1432% of daily returns assuming volatility of 1.3116% on return distribution over 90 days investment horizon. In other words, 11% of etfs are less volatile than HCM, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
HCM Defender Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HCM Defender's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as HCM Defender 100, and traders can use it to determine the average amount a HCM Defender'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 = 0.1091
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | QQH | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average HCM Defender is performing at about 8% 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 HCM Defender by adding it to a well-diversified portfolio.
HCM Defender Fundamentals Growth
HCM Etf prices reflect investors' perceptions of the future prospects and financial health of HCM Defender, and HCM Defender 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 HCM Etf performance.
| Total Asset | 241.81 M | |||
About HCM Defender Performance
By evaluating HCM Defender's fundamental ratios, stakeholders can gain valuable insights into HCM Defender's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if HCM Defender 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 HCM Defender has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing at least 80 percent of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the index. Hcm Defender is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Trading Signals - Stock Traders Daily |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in HCM Defender 100. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of HCM Defender 100 is measured differently than its book value, which is the value of HCM that is recorded on the company's balance sheet. Investors also form their own opinion of HCM Defender's value that differs from its market value or its book value, called intrinsic value, which is HCM Defender'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 HCM Defender's market value can be influenced by many factors that don't directly affect HCM Defender'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 HCM Defender's value and its price as these two are different measures arrived at by different means. Investors typically determine if HCM Defender is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCM Defender'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.